|Last Price$8.82||Day Change (%)-1.94%|
|Open Price$8.91||Day Change ($)-0.18|
|Day Range8.71–8.99||52-Week Range5.23–9.00|
As of Wed 07/23/2014 03:00 PM EST | USD
America's Smokers: Still 40 Million Strong
Cemig CIG delivered solid results in 2006, as expected. A 6% jump in delivered electricity volumes, combined with a 7% tariff increase, propelled net revenue growth in the high teens. Cost increases of more than 20%, however, weighed down operating income, which posted just 8% growth. While Cemig's ...
Amid the current challenging environment for defensive names, we see several opportunities for long-term investment in wide-moat companies at reasonable discounts.
Despite falling cigarette demand, the tobacco titan should continue to deliver cash flow and dividend growth.
Modest pockets of value emerge among consumer defensive companies.
Are consumer staples stocks reaching an inflection point?
Assessing valuations in the consumer staples industry following the recent stock price appreciation, renewed M&A speculation, and CAGNY 2013.
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 ...