The Latest Breaking News from MO

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Although the pace of rate hikes could slow, as hinted in the latest Fed statements, a recession still seems imminent. Amid the uncertainties, investors could consider buying high-quality stocks PepsiCo (PEP), United Parcel Service (UPS), Altria Group (MO), Waste Management (WM), and Sprouts Farmers Market (SFM). Keep reading….

Altria Group (MO) reported weak second-quarter revenues but reaffirmed its EPS guidance range for 2022. While the stock may remain under pressure in the near term due to the broader market volatility, the company’s strong profitability and reasonable valuation make it a solid long-term investment. Read on….

Legalization and growing medicinal benefits are driving the cannabis market’s growth. With disruptive long-term prospects in sight, we think pot stocks, Constellation Brands (STZ), Altria Group (MO), and Jazz Pharmaceuticals (JAZZ) could be solid additions to one’s portfolio now. Read on….

Someone with a lot of money to spend has taken a bullish stance on Altria Group (NYSE:MO). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Someone with a lot of money to spend has taken a bearish stance on Altria Group (NYSE:MO). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Philip Morris International Inc. (NYSE: PM) is likely to register a top and bottom-line decline when it reports second-quarter 2022 earnings on Jul 21.

Shares of Tobacco giant Altria (MO), a significant stakeholder of Juul Labs, slid last week on the news of the FDA preparing to order removing e-cigarette maker Juul’s products from the U.S. market. However, MO rebounded the following day as investors did not foresee any significant impact of this development…

Pandemic-led rise in demand for smoking products and growing health concerns have incentivized tobacco companies to invent low-risk tobacco products, which should drive the industry’s growth. Moreover, being a part of the consumer defensive industry, tobacco manufacturers Altria Group (MO) and Philip Morris (PM) should witness significant investors’ attention amid…