Can someone explain to me what all businesses Altria is in, now that their cigarette business has been spun off. Outside of the smokeless tobacco, I have no idea what else they do. I've been looking to buy Altria for a while now, but I'm not sure exactly what are the differences between the two companies. I am looking to get in for the long haul, and I think people all over the world will continue to smoke, and Marlboro has a huge share of the cigarette market.
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Can someone explain to me what all businesses Altria is in, now that their cigarette business has been spun off. Outside of the smokeless tobacco, I have no idea what else they do. I've been looking to buy Altria for a while now, but I'm not sure exactly what are the differences between the two companies. I am looking to get in for the long haul, and I think people all over the world will continue to smoke, and Marlboro has a huge share of the cigarette market.
I owned both until a few weeks ago since I bought before the split.
MO pays a pretty damn good dividend and should be fairly consistent. The downside is the possible legal action here in the states from longtime smokers.
PM is the growth play, I think they got into China a few months back but I'm not sure how that is working out for them. If you think the world would like Marlboros, this would be the play. No real legal risk here.
I would think that both should be fine for the long haul, ie buy it and forget about it for years and years.
I owned both until a few weeks ago since I bought before the split.
MO pays a pretty damn good dividend and should be fairly consistent. The downside is the possible legal action here in the states from longtime smokers.
PM is the growth play, I think they got into China a few months back but I'm not sure how that is working out for them. If you think the world would like Marlboros, this would be the play. No real legal risk here.
I would think that both should be fine for the long haul, ie buy it and forget about it for years and years.