What is your current perception of the tobacco industry?
I have $MO+0.8% and $BTI+1.1%stocks in my portfolio , but I'm selling BTI and keeping $MO+0.8%. 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
92.4B
Enterpr. Val.
115.5B
Valuation
P/E
9.3
P/S
4.3
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+0.8% and $PM+1.3%.