Financial Advisor Update

Tim Brown: Altria's the Real Deal

Stock quotes in this article: MO  

Dungy also created a system that works for his team -- something many successful portfolio managers do as well. He's the architect of a defense that's called the Tampa 2, which literally changed the way offenses could attack a Cover 2 defense (two safeties play deep, each covering half of the field each). When you speak to Dungy's players, you constantly hear them say things like "I will do anything for him" and "He gives me advice that I will be able to use for the rest of my life."

In my opinion, Coach Dungy's most important attribute is that he sticks to his game plan for life. He is willing to openly serve God in an environment that isn't necessarily conducive to doing so. Players know who can and can't play, and they know who are real and who are not. Coach Dungy has proven to players that he is real on and off the field.

Now, on to a company that's also the real deal. You need to decide for yourself if Altria(MO Quote) is worth putting on your team, but as far as I'm concerned, this is a stock worth signing to a long-term contract.

The company is a cash cow. It is trading at just about $21. The stock price of this giant has fallen so low that it's hard to pass up.

It's true that it's getting harder for cigarette smokers to smoke in public and that the industry is facing a tougher environment. But I think the company's leaders are taking it in the right direction. They are trying to cut the expenses at a rate higher than the dropping number of cigarette sales. They are also looking to acquire companies to assist in the distribution of their cigarettes. All told, the company is reportedly looking to trim $1 billion in the next three years.

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