Seems like a lot of positive comments about this stock, but when I pull it out to the 5 year chart it looks like a steady declining price. Any thoughts?
w
Combined, MO and PM paid me $9105 in dividends this quarter. I really don't care who overpaid for the stock in 2017. It was their decision to buy it, not mine.
C
A very ballsy retirement move, but you could take a portfolio of $1M, put it all in Altria, lock in $84K a year from dividends alone plus raises (track record of decades of dividend growth; it’s a “dividend king”); and if/when this goes to $70/share, your $1M goes to ~$1.9M; that $900K = extra $30K/yr for 30 yrs assuming no further appreciation.
$114K/yr potential.
Reading some posts kinda sounds like a few have already done this.
P
so MO owns 45% of cronos right? looks like they are finally in the green on that purchase as marijuana stocks are performing well with hopes of federal legalization.
b
Got back in two weeks ago. Don't know why i ever sold. A former Fed. Chairman, had a large portfolio. His entire holdings were in Muni Bonds and MO.
J
Ultimate income stock.. dividends, covered call premiums and day trades..
C
Just FYI, in 2017 this stock was in the $70’s. Revenue and cash flow are virtually the same now, and the stock is $41. Forward PE under 10, yield over 8%.
As my other positions reach a healthy price level, I’m selling and adding to MO. The dividend alone is a gem (and it’s safe). But there’s tremendous price upside as well, and very little risk.
@Julian....see the Canadian pension plan news of selling off #MO.....think they're totally out now. Good to get rid of the weak hands.....guess they should sell all their mining and oil interests too.....basically sin stocks also.
G
When do people think MO will start running? I was hoping to ride Oil stocks up and then circle back and grab MO with the profits. Isn't MO kind of "stuck' on the stock price for a while because of the JUUL purchase or will MO run to 50 or 55/share in 2021?
o
NJ just opened the covid-19 vaccine to people 65 years or older, people with preexisting conditions from 18 to 64 years and smokers. Talk about a screaming buy signal for tobacco. NJ protecting it's revenue base.
D
The new administration promised they will “follow the science” to determine health solutions (covid19). I predict a turnaround year for US vaping and JUUL based on this promise.
D
Just bought 340 shares at 40.09 to add to my other holdings. Think long term and enjoy the benefits of being in this great country
C
Bill Spetrino just put out a newsletter titled, “The #1 Hypergrowth stock of 2021.” It was about, you guessed - Altria.
Here are some bullet points:
1. Since 1900, 97% of Dow Jones industrial gains have come from reinvested dividends; just 3% from capital appreciation.
2. A pack of cigarettes costs pennies to produce and sell for $5-$11. Incredible pricing power.
3. Governments too dependent on tax revenues to ban...so it isn’t just the smokers who are addicted.
4. No ads/marketing means no new competition in the marketplace.
5. Altria owns major stakes in all forms of tobacco, marijuana, beer and wine distribution, etc.
Bill Spetrino is self-made decamillionaire. Started with Altria.
I don’t smoke (against religion in fact). But I’m rather heavily invested here, after Viacom, Apple, Walgreens.
At 8% yield, it’s about the cheapest it has ever been.
J
Seems like it’s held 40 pretty well are we looking at brighter chart years ahead?
J
Wow! Something strange going on when this AND T are both green on the same day - or any day really.
T
Michael Burry from The Big Short owns Altria
J
Lot of accumulation here! 2.5 million shares in first hour of trading!
#MO owns 45% of Cronos (cannabis) large amount of Juul, which they've already written off about 85%....10% of Budweiser and of course US premium cigarettes.....fantastic buy at these prices....just look at Cronos today....another stock they (#MO) wrote down to almost nil. Only upside on this sin stock. gl
$114K/yr potential.
Reading some posts kinda sounds like a few have already done this.
As my other positions reach a healthy price level, I’m selling and adding to MO. The dividend alone is a gem (and it’s safe). But there’s tremendous price upside as well, and very little risk.
Here are some bullet points:
1. Since 1900, 97% of Dow Jones industrial gains have come from reinvested dividends; just 3% from capital appreciation.
2. A pack of cigarettes costs pennies to produce and sell for $5-$11. Incredible pricing power.
3. Governments too dependent on tax revenues to ban...so it isn’t just the smokers who are addicted.
4. No ads/marketing means no new competition in the marketplace.
5. Altria owns major stakes in all forms of tobacco, marijuana, beer and wine distribution, etc.
Bill Spetrino is self-made decamillionaire. Started with Altria.
I don’t smoke (against religion in fact). But I’m rather heavily invested here, after Viacom, Apple, Walgreens.
At 8% yield, it’s about the cheapest it has ever been.