Buy Altria Before Earnings

10/24/17

By Josh Arnold, SeekingAlpha

Photo credit

Altria (MO) has had a tough go of it for the past few months as the stock was rudely rebuffed from the $75/$77 area where it made new highs earlier this year. Shares fell below the 200DMA after the Q2 earnings report and haven't recovered, spending a lot of time since in the $60 to $65 range. Heading into the Q3 report due out in a couple of days, MO looks much cheaper than Philip Morris and despite my concerns about the dividend, it looks like a better pick as of now.

READ FULL ARTICLE HERE

Recent Deals

Interested in advertising your deals? Contact Edwin Warfield.