MO stock, with 41% returns since the beginning of 2024, has outperformed the S&P 500 index, up 27%. This can be attributed to the company’s decision to reduce its stake in Anheuser-Busch InBev last ...
Here's a look at how Altria built its brand empire and where the tobacco stock could expand as it seeks to grow beyond smoking. Altria owns a leading portfolio of tobacco products for the U.S. market.
Altria’s stock price was unchanged during the same time and is heading into earnings with an average analyst price target of $56.59 (compared to the current share price of $52.60). Today’s young ...