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StockNews.com
StockNews.com
Business
Spandan Khandelwal

The Smartest Tobacco Stock to Buy for the Long Haul

Altria Group, Inc. (MO) manufactures and sells smokable and oral tobacco products in the United States. The company provides cigarettes primarily under the Marlboro brand; cigars and pipe tobacco principally under the Black & Mild brand; and moist smokeless tobacco products under the Copenhagen, Skoal, Red Seal, and Husky brands, as well as provides on! Oral nicotine pouches.

The stock has gained 1.9% over the past month. MO reaffirmed its full-year 2022 guidance for adjusted diluted EPS in the range of $4.79 to $4.93, representing 4% to 7% year-over-year growth.

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