Positive corporate earnings and industry-specific news are providing a much-needed boost to these beaten-down pot stocks. Read More...
Motley Fool
Better Buy: Altria vs. Philip Morris International
At the time, Altria planned to focus on streamlining, cutting costs, and handling its tobacco-related lawsuits in the U.S. PMI was set loose to expand overseas into markets with higher smoking rates and fewer regulations. Since that separation, Altria’s and PMI’s stocks have generated total returns of about 370% and 240%, respectively, after factoring in their reinvested dividends. Should investors consider buying either of these tobacco stocks as rising interest rates continue to punish higher-growth investments?
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