Is Altria Stock a Buy?
Tobacco stocks have always been near the top of the "sin stock" heap of controversial investments, but industry bellwether Altria (NYSE: MO) brings more than you probably think to the table. You or many of your friends may no longer be smoking, but you have to go all the way back to 2011 to find the last year that Altria posted a decline in revenue.
The growth isn't always organic at Altria. It has made some timely acquisitions to keep delivering slow yet steady top-line gains. However, between a dividend yield approaching 10% and an industry that many view as defensive, Altria is an intriguing proposition if you can get past the taboo aspects of its actual addictive businesses. Let's take a closer look at the reasons why you should or should not consider adding Altria stock to your portfolio.
Image source: Altria Group.
Source Fool.com
