|Last Price$47.15||Day Change (%)0.04%|
|Open Price$47.37||Day Change ($)0.02|
|Day Range47.03–47.49||52-Week Range43.02–54.48|
As of Fri 9/30/2016 6:12:00 PM | USD
Reynolds Ignites Cigarette Sales With Lounges -- WSJ
Newport's 'Pleasure Lounge' Aims to Ignite Cigarettes Sales
Amid the current challenging environment for defensive names, we see several opportunities for long-term investment in wide-moat companies at reasonable discounts.
If investors can get past valuations in the consumer staples sector, there are a raft of low-cost ETF options offering access to the space.
Large growth fared best, while funds with heavy energy stakes collapsed.
Modest pockets of value emerge among consumer defensive companies.
Some energy names and out-of-favor companies joined the index, but, in a sign of the times, few deeply discounted stocks.
Despite falling cigarette demand, the tobacco titan should continue to deliver cash flow and dividend growth.
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 ...
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.