05-05-2022, 09:24 AM
(05-05-2022, 08:08 AM)stockguru Wrote: So I know many of you don’t like owning MO. But it just hit a 52 week high. Forward PE is 11 and pays a yield of 6.49%. I don’t smoke or like what they stand for, but I’m im making money, so I can look past all of this lol. It’s been one of the best performers in 2022. What’s not to like. All those that sold at 45-50 are kicking themselvesI don't judge others. My wife smokes like a chimney. I made money on MO but left around 50 because I don't want to deal with the regulatory drama. Not to mention their horrible M&A for awhile. I don't miss it because the same money could be found easy enough after the market corrected. I might buy MO again when it gets hammered, and it will.