09-16-2013, 08:10 AM
(This post was last modified: 09-16-2013, 08:53 AM by Horace Cugle.)
At today's prices and for my situation, if I could only hold one stock it would be MO. The stock is a real anomaly; solid dividend increases like KO, PG or JNJ and nearly twice the yield. Tough to beat cigarettes and beer! And then you have the e-cigs and weed on the horizon. I imagine half the country smoking Marlboro Blunts!
I know this: I guess it was the late 60's (I was in high school) when everyone started getting all jacked up about cigarettes, they stopped advertising and started putting warning labels on cigarettes and lawsuits, etc. Forty-five years later nothing has really changed and MO is still knocking it out of the park.
If I was younger I'd be looking for something with more growth. Yield wouldn't matter very much. Something like WAG.
I know this: I guess it was the late 60's (I was in high school) when everyone started getting all jacked up about cigarettes, they stopped advertising and started putting warning labels on cigarettes and lawsuits, etc. Forty-five years later nothing has really changed and MO is still knocking it out of the park.
If I was younger I'd be looking for something with more growth. Yield wouldn't matter very much. Something like WAG.