MO will go UP
$19.80 on 12/04/09 (12 days left)
$18.98 (3.77% from time of market call)
Altria (MO), owner of Phillip Morris (PM) as well as many popular brands such as Skoal and Marlboro, is a great addition to any portfolio, adding the stability of the cigarette market and div. yield to compound some great gains. Altria has a massive dividend of 7.4% and contrary to the industry is projected to experience a 9% growth in the coming years. These two factors stack up great with Altria's strong hold on the cigarette add up to some great gains plus the much needed consistency in this volatile market. It's PEG of 1.16 tells us this stock just isn't valued enough as it sits nearly 4% below its 52 week high. Load up now.