"Assessing Altria Group Inc. (NYSE:MO): Buy, Sell, or Hold?"
Originally Published 1 year ago — by Yahoo Finance
Altria, a consumer staples company with a nearly 10% dividend yield, heavily relies on its cigarette business, which is facing a steady decline in shipment volumes. Despite its market dominance and price increases, the long-term outlook is concerning due to strategic missteps, failed initiatives, and the need to find new growth avenues. While the generous dividend may be tempting, investing in Altria carries significant risk, and close monitoring is advised.