|Last Price$38.40||Day Change (%)0.23%|
|Open Price$38.34||Day Change ($)0.09|
|Day Range38.07–38.80||52-Week Range33.12–38.80|
As of Thu 04/24/2014 04:49 PM EST | USD
We don't expect to make any significant changes to our fair value estimate for Altria MO following the release of fourth-quarter and full-year results by the firm. While the company's core tobacco franchises, Philip Morris USA and Philip Morris International, performed well in 2006, Altria's ...
Despite falling cigarette demand, the tobacco titan should continue to deliver cash flow and dividend growth.
UPDATE: Long view on stocks is best during weak earnings season
MARKET SNAPSHOT: Long View On Stocks Is Best During Weak Earnings Season
Our top managers continue to focus on higher-quality businesses, with dividend-paying stocks like Philip Morris International rising to the forefront during the most recent period.
Amid the current challenging environment for defensive names, we see several opportunities for long-term investment in wide-moat companies at reasonable discounts.
Modest pockets of value emerge among consumer defensive companies.
In the battle between consumer product firms and retailers, has the competitive edge shifted?
Beaten down by the specter of rising interest rates, a sluggish emerging-markets consumer, and currency headwinds, the U.S. consumer staples sector offers strong dividends, high-quality stocks, and an attractive relative valuation.
This article represents opinions of the author and not those of his firm and are subject to change from time to time and do not constitute a recommendation to purchase and sale any security nor to engage in any particular investment strategy. The information contained here has been obtained from ...