What is your current perception of the tobacco industry?
I have $MO+0.3% and $BTI+0.9%stocks in my portfolio , but I'm selling BTI and keeping $MO+0.3%. Revenues from regular cigarettes are down and will continue to decline, but companies are moving to e-cigarettes, new products and various alternatives that are becoming more popular and starting to sell more and more.
Altria
MOCapital Structure
Market Cap
79.2B
Enterpr. Val.
100.5B
Valuation
P/E
9.6
P/S
3.7
Some may find that unethical. I don't smoke myself and have never bought any product from these companies, but the business model is absolutely brilliant. I have $MO+0.3% and $PM+0.7%.