ToplineThe Food and Drug Administration rescinded its marketing ban on Juul Lab’s e-cigarette products Thursday—placing them back under scientific review—nearly two years after ordering a ban that was halted pending the company’s appeal.The FDA issued the ban of the popular e-cigarettes in June 2022. Getty Images Key FactsThe agency rescinded its marketing denial orders for the e-cigarette maker’s products after further review of information provided by Juul—as well as new case law. Juul Lab’s products hav ...

Altria NYSE: MO is among the leading sin stocks but is still a good dividend play today. Up more than 17.5% in the last few weeks, the purveyor of tobacco products is on track to reclaim the high end of a long-term trading range and possibly set new highs. Among the drivers for this move is the company’s considerable cash flow, which is used to repurchase shares, pay market-beating dividends, and maintain a healthy balance sheet. Get Altria Group alerts:Here are 7 Compelling Reasons Altria is A Good Buy for ...

Altria has a huge dividend yield, but its most important business has been struggling for a while now.There's one number that keeps investors interested in Altria (MO 0.65%): the stock's huge 8.4% dividend yield. But consumer staples companies don't get yields like that for no reason. There's also significant risk involved in owning this troubled stock.Although the past doesn't predict the future, extrapolating a key statistic regarding Altria over time should still send a shudder through the spines of most ...

PM Images Right at the start of February this year, I wrote an extensive piece on Altria Group, Inc. (NYSE:MO) - "Altria: The Demise Of This Dividend King Is Overexaggerated, I'm Betting Big Now." As the title implies, I provided several reasons that have motivated me of going long MO, making it one of the largest positions in my portfolio. The key essence of the buy thesis boiled down to the combination of the following factors: Juicy dividend yield, which at that time stood at ~ 9.1% Depressed valuat ...

UKRAINE - 2021/08/12: In this photo illustration an Altria Group, Inc. logo seen displayed on a ... [+] smartphone screen and in the background. (Photo Illustration by Igor Golovniov/SOPA Images/LightRocket via Getty Images)SOPA Images/LightRocket via Getty ImagesWe believe that Altria stock (NYSE: MO) is a better pick over Freeport-McMoRan stock (NYSE: FCX), given its better prospects. Although these companies are from different sectors, we compare them because they have a similar market capitalization of ...

Altria (MO) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.Over the past month, shares of this owner of Philip Morris USA, the nation's largest cigarette maker have returned +3%, compared to the Zacks S&P 500 composite's +3.2% change. During this period, the Zacks Tobacco industry, which Altria falls in, has gained 3.3%. The key question now is: What could be the stock's future direct ...

Altria has a huge 8.5% dividend yield, which could generate a lot of cash for investors. Is that enough for it to be a millionaire-maker stock?Altria (MO -0.33%) is a consumer products maker with an industry-leading position, a long history of increasing its dividend annually, and a huge 8.5% dividend yield. There are things to like here and, on the surface, it would seem like this could be a millionaire-maker stock. But there are big risks that investors need to consider before buying.Altria is a leader in ...

Altria Group, Inc. (MO) has effectively leveraged its pricing power and strategic pivot toward smoke-free products to navigate market uncertainties. These upsides have been helping this tobacco giant stay firm despite facing declining cigarette volumes.Harnessing Pricing PowerAltria's robust pricing strategy has been essential in maintaining stability amid industry challenges. While elevated prices may potentially discourage cigarette consumption, it is seen that smokers tend to absorb price increases owing ...

Depending on what happens in 2024, this might become one of the best stocks to own.Altria (MO -0.39%) is commonly regarded as a defensive stock. That is, when you want to play defense against a potential bear market, this is the type of stock you want to own.No one knows exactly where markets will head from here. But if you want to protect your nest egg, keep reading.Make sure you own Altria stock if this 1 thing happensIf a bear market hits, you'll want to own Altria stock. Of course, no one can predict wh ...

For Immediate ReleaseChicago, IL – May 20, 2024 – Today, Zacks Equity Research Philip Morris International Inc. (PM) , Altria Group, Inc. (MO) and British American Tobacco p.l.c. (BTI) Industry: TobaccoLink: https://www.zacks.com/commentary/2275240/3-tobacco-stocks-worth-watching-amid-industry-challengesThe Zacks Tobacco industry players have been witnessing soft cigarette sales volumes due to inflation, changing consumer habits, and stringent regulations. Increased costs of essential materials further rais ...