MO - BULLISH SCENARIOAltria makes and sells smokeable tobacco products like cigarettes and cigars and oral products like chewing tobacco and nicotine pouches. The addictive properties of nicotine have made Altria a controversial but consistent company.
The company’s robust business model generates enough yearly cash to sustain a dividend-yielding 7.9%.
The next price target is located at the $ 53 local resistance level.
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