Based in Richmond, Virginia, Altria Group, Inc. (MO) manufactures and sells smokeable and oral tobacco products. With a market cap of $93.97 billion, the company also manufactures smoke-free products, including heat-not-burn, moist smokeless tobacco, oral nicotine pouches, and E-vapor.
Companies worth more than $10 billion are generally described as “large-cap stocks,” Altria Group fits right into that category, with its market cap exceeding this threshold. The company owns Philip Morris USA, the most profitable U.S. cigarette manufacturer, and offers its products under various brand names, including Marlboro, Black & Mild, Copenhagen, Skoal, Red Seal, and Husky.
