MO

[peilthetraveler]

Why all the hate for MO? Everyone is treating it as if people are going to stop smoking in the next couple of years despite revenues in this company still increasing saying the opposite. $46 right now, with a 7.2% dividend that is historically increasing 10-15% per year.

This stock should be $75-80 right now. Yeah, maybe they overpaid for JUUL, but does that warrant a $50 billion drop in market cap? I don't think so.

 

[Overnight]

Why all the hate for MO? Everyone is treating it as if people are going to stop smoking in the next couple of years despite revenues in this company still increasing saying the opposite. $46 right now, with a 7.2% dividend that is historically increasing 10-15% per year.

This stock should be $75-80 right now. Yeah, maybe they overpaid for JUUL, but does that warrant a $50 billion drop in market cap? I don't think so.

I am guessing they got caught up in the 4th quarter 2018 correction. Very few stocks were safe from that drumming. Just based on the chart, it looks like a good buy using TA, but I dunno' their fundamentals.