The Latest Breaking News from MO

Despite many perceiving the tobacco industry as detrimental to society, most tobacco companies are investor favorites due to their extraordinary returns. Apart from their market-beating returns, these stocks are well known for their high dividend yields. Given an inelastic demand for products and high dividend payouts, this defensive industry looks…

Someone with a lot of money to spend has taken a bearish stance on Altria Group (NYSE:MO). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

  Altria Group (NYSE:MO) reported its Q1 earnings results on Thursday, April 28, 2022 at 07:00 AM. Here's what investors need to know about the announcement.

Historically, U.S. recessions have been preceded by a surge in oil prices. So, with crude oil prices remaining consistently above $100 per barrel and inflation hitting a fresh 40-year high, many economists expect the economy to suffer a recession this year. Hence, we think it could be wise to bet…

Pandemic-led rise in demand for smoking products and growing concerns about the health effects of tobacco have boosted the use of novel tobacco products, driving the growth of tobacco companies innovating in this space. The expanding customer base should help tobacco manufacturers Philip Morris (PM) and Altria Group (MO) generate…

Someone with a lot of money to spend has taken a bearish stance on Altria Group (NYSE:MO). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Analysts have provided the following ratings for Altria Group (NYSE:MO) within the last quarter:

Concerns over high inflation, multiple interest rate hikes this year, and deepening supply chain constraints due to the Russia-Ukraine war have fostered stomach-churning stock market volatility. Therefore, we think it could be wise to bet on high dividend-yielding blue-chip stocks for stable returns. Blue-chip stocks International Business Machines (IBM), Altria…

Stringent FDA regulations imposed on nicotine consumption have hindered the tobacco industry’s growth over the past few years. However, manufacturers have produced various alternatives, like e-cigarettes, vapes, and similar smoking substitutes, which could help the industry grow. So, we think high dividend-yielding tobacco stocks Philip Morris (PM), British American (BTI),…