|Bid||40.27 x 3100|
|Ask||40.30 x 1400|
|Day's Range||38.90 - 40.32|
|52 Week Range||30.95 - 52.45|
|Beta (5Y Monthly)||0.46|
|PE Ratio (TTM)||N/A|
|Earnings Date||Jul. 28, 2020|
|Forward Dividend & Yield||3.36 (8.70%)|
|Ex-Dividend Date||Jun. 12, 2020|
|1y Target Est||48.14|
On June 8, 2020, the National Bureau of Economic Research determined that the United States economy entered a recession in February 2020. The first pick is Dollar Tree (NASDAQ: DLTR), a discount variety store operator that serves lower-income customers. Next up is Altria (NYSE: MO), a cigarette manufacturer with resilient sales because of the habit-forming nature of its products.
Altria Group, Inc. ("Altria") (NYSE:MO) today announced that its greenhouse gas emissions reduction targets have been approved for the first time by the Science Based Targets initiative (SBTi). The Scope 1 and 2 target covering greenhouse gas emissions from Altria’s operations is consistent with reductions required to keep warming to 1.5°C, a goal that the latest climate science says is needed to prevent the most damaging effects of climate change. The Scope 3 target meets the criteria for ambitious value chain goals and current best practice.
The first pick is Walt Disney (NYSE: DIS), a diversified entertainment company trading at an attractive discount because of the coronavirus pandemic. The second pick is Altria (NYSE: MO), a tobacco giant that has raised its dividend for five decades in a row. Walt Disney rides a fine line between value and growth.
Altria Group, Inc. (Altria) (NYSE: MO) announces today that the U.S. Food and Drug Administration (FDA) authorized the marketing of the IQOS tobacco heating system as a modified risk tobacco product with a reduced exposure claim. IQOS is the first next-generation inhalable tobacco product to be authorized as a modified risk tobacco product. Unlike cigarettes, the IQOS system heats but does not burn tobacco. Philip Morris USA (PM USA), under an exclusive licensing agreement with Philip Morris International (PMI), commercializes IQOS in the United States.
First up is General Mills (NYSE: GIS). While some industries' revenues evaporated, General Mills accelerated its growth. For fiscal 2020, the General Mills pet food segment grew 18%, tripling the overall company's pace, and there is reason to believe that can continue.
Shares of Altria Group (NYSE: MO) have gone up in smoke this year as the domestic Marlboro maker fell early in the year after it took another impairment on its Juul Labs stake and then got slammed by the coronavirus pandemic. According to data from S&P Global Market Intelligence, the stock has slipped 21% through the first six months of the year. Altria began the year with Juul facing stiff headwinds as regulators sought to ban flavored e-cigarette pods, the latest setback for the once-promising cigarette disruptor, with the e-cigarette brand embroiled in a number of lawsuits at the state level.
Tobacco giant Altria Group (NYSE:MO) is betting billions that pot producer Cronos Group Inc (TSX:CRON)(NASDAQ:CRON) will produce big gains.The post Big Tobacco Is Betting $2 Billion on This Pot Stock appeared first on The Motley Fool Canada.
Like the majority of investors, you're most likely working on a retirement portfolio that will provide a large enough nest egg to give you a comfortable retirement. Make sure you know all about what financial planners call the accumulation and distribution phases of retirement planning.
Altria's (MO) focus on oral tobacco products along with solid pricing bodes well, though cigarette volumes have been soft due to rising health consciousness and government regulations.
First is Altria Group (NYSE: MO). Sales were resilient for Altria this quarter at 12% growth and actually accelerated compared to roughly flat sales for the market. As a tobacco company, Altria enjoys a reliable consumer base.
Cronos Group Inc (TSX:CRON)(NASDAQ:CRON) stock has been a wild ride, but if you're patient, the company could quickly triple your investment.The post Cronos (TSX:CRON) Stock: $0 or $30? appeared first on The Motley Fool Canada.
Fortunately, some of the best value stocks are still trading at attractive prices and are far less expensive than the market as a whole. Kinder Morgan (NYSE: KMI) is one of the biggest energy infrastructure companies in the world. More than two-thirds of Kinder Morgan's cash flow is secured with take-or-pay contracts, which allow it to receive payment regardless of how much its customers use its pipelines and other infrastructure assets.
This is the best time to buy promising pot stocks like HEXO Corp (TSX:HEXO)(NYSE:HEXO) and Cronos Group Inc (TSX:CRON)(NASDAQ:CRON).The post 2 Pot Stocks to Buy in June appeared first on The Motley Fool Canada.
High-yield dividend stocks can help you generate a bountiful cash income stream from the stock market. Here are three outstanding dividend stocks that offer a rare wealth-building combination of low risk, attractive yields, and intriguing growth potential. Infrastructure lends itself well to the payment of dividends.
With the global economy showing some serious volatility, holding stocks with secure balance sheets and reliable cash flows is one way to beat the volatility and sleep easy at night. If you're looking for some stocks that effectively "print money," keep reading to see why Facebook (NASDAQ: FB), Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B), and Altria (NYSE: MO) all fit the bill. It's hard to think of a bigger cash cow than Facebook.