Is It Too Late to Buy Altria Stock?
Altria (NYSE: MO), the largest tobacco company in America, was once considered a stable long-term investment. It owns Marlboro, the country's most popular cigarette brand, and it's reliably raised its dividends every year since it spun off its international business as Philip Morris International (NYSE: PM) in 2008.
But over the past five years, Altria's stock declined 15% as the S&P 500 rallied 81%. Even after reinvesting its dividends, Altria only generated a total return of 25%. Let's see why Altria's stock fizzled out -- and if it's too late to turn bullish again.
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Source Fool.com
