Richmond, Virginia-based Altria Group, Inc. (MO) manufactures and sells smokeable and oral tobacco products in the United States. The company is valued at $114.6 billion and offers cigarettes primarily under the Marlboro brand, large cigars and pipe tobacco under the Black & Mild brand, moist smokeless tobacco and oral tobacco products, and more.
Companies with a market cap of $10 billion or more are typically referred to as “big-cap stocks.” MO fits squarely into that category, with its market cap exceeding this threshold and reflecting its substantial size and influence in the tobacco industry.
