2 Value Stocks to Buy Right Now
The tobacco industry is a good bet for value investors, because nicotine is a profitable, habit-forming product that sells in any macroeconomic environment. Here's why investors seeking low valuations and large, sustainable dividend yields should consider adding Altria Group (NYSE: MO) and Phillip Morris International (NYSE: PM) to their portfolios.
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Altria is a large-cap tobacco company known for manufacturing and marketing the Marlboro brand of cigarettes, America's best-selling cigarette label for the past 45 years. The rock-solid Marlboro brand makes up 87% of Altria's cigarette sales volume, and gives the company enough pricing power to continue returning value to shareholders despite the secular decline of the tobacco industry.
Source Fool.com
