Valued at a market cap of almost $87.4 billion, Altria Group, Inc. (MO) manufactures and sells smokeable and oral tobacco products. The Richmond, Virginia-based company offers cigarettes primarily under the Marlboro brand; large cigars and pipe tobacco under the Black & Mild brand; moist smokeless tobacco and snus products under the Copenhagen, Skoal, Red Seal, and Husky brands; oral nicotine pouches under the on! brand, and e-vapor products under the NJOY ACE brand.
This tobacco giant’s shares have outpaced the broader market over the past 52 weeks. MO has soared 27.4% over this time frame, while the broader S&P 500 Index ($SPX) has gained 23.3%. However, over the past six months, the stock is up just 2%, compared to SPX’s 11.7% rise.
