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Stock impact report

Could Buying Altria Stock Today Set You Up for Life? [Yahoo! Finance]

Altria Group, Inc. (MO) 
Last altria group, inc. earnings: 4/30 07:00 am Check Earnings Report
US:NYSE Investor Relations: altria.com/investors
Company Research Source: Yahoo! Finance
Surgeon General first warned the American public about the dangers of smoking on Jan. 11, 1964. Since then, smoking prevalence in the United States has steadily declined. Yet, Altria Group (NYSE: MO) , which sells the leading cigarette brand (Marlboro) in the United States, has turned a one-time $100 investment made in 1972 into more than $4.8 million today. Start Your Mornings Smarter! Wake up with Breakfast news in your inbox every market day. Sign Up For Free » The company has changed over the years, including spinning off its international operations as Philip Morris International in 2008. Still, Altria's strategy of steadily raising prices on its addictive core product has kept the company and stock very relevant. So, can the stock still make you rich? Here is what you need to know. In the late 1980s, investing great Warren Buffett remarked that he liked the cigarette business because cigarettes are cheap to make, can be sold at high margins, and have addictive properti Show less Read more
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