The Latest Breaking News from MO

Morning Markets December E-Mini S&P 500 futures (ESZ2 3) are down -0.43%, and the Dec Nasdaq 100 E-Mini futures (NQZ2 3) are down -0.63%. Stock index futures this morning are moderately lower on disappointing news from Meta Platforms (META ), which is down more than -4% in pre-market trading after...

The cigarette company’s option volume on Wednesday was 447,790 on the day. You have to go back to Sept. 13, 2021, to find a day where the volume was higher. Altria’s options volume yesterday was nearly 12x its 30-day average. Something is up.

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With consumers showing resilience in the face of growing headwinds, consumer stocks Altria Group (MO) and China Automotive (CAAS) could be worth buying. These stocks could be worth adding to your long-term portfolio. Read on.

It’s a work in progress, but the company’s service called Mo draws on financial information to answer questions quickly without some of the worst traits technology picks up from humans.

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Despite stringent regulations to reduce its consumption, the tobacco industry’s momentum is expected to continue due to its stable demand, the introduction of innovative products, and extensive advertising. Hence, investors could add fundamentally sound tobacco stocks Altria Group (MO) and British American Tobacco (BTI) to their portfolios now. Continue reading….