Aurora Cannabis reported a $1.8 billion quarterly loss on Tuesday. The company says a focus on pricier, premium pot could be the answer.
Altria (MO) closed the most recent trading day at $38.55, moving -0.7% from the previous trading session.
The tobacco industry is a good bet for value investors, because nicotine is a profitable, habit-forming product that sells in any macroeconomic environment. Here's why investors seeking low valuations and large, sustainable dividend yields should consider adding Altria Group (NYSE: MO) and Phillip Morris International (NYSE: PM) to their portfolios. Altria is a large-cap tobacco company known for manufacturing and marketing the Marlboro brand of cigarettes, America's best-selling cigarette label for the past 45 years.