Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.
) pushed the Tobacco industry higher today making it today's featured tobacco winner. The industry as a whole closed the day up 0.8%. By the end of trading, Reynolds American rose $0.58 (1.1%) to $50.93 on light volume. Throughout the day, 1,385,711 shares of Reynolds American exchanged hands as compared to its average daily volume of 1,872,600 shares. The stock ranged in a price between $50.11-$51.09 after having opened the day at $50.11 as compared to the previous trading day's close of $50.35.
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Reynolds American Inc., through its subsidiaries, manufactures and sells cigarette and other tobacco products in the United States. The company operates through RJR Tobacco, American Snuff, and Santa Fe segments. Reynolds American has a market cap of $27.8 billion and is part of the consumer goods sector. Shares are up 22.6% year to date as of the close of trading on Wednesday. Currently there are 3 analysts that rate Reynolds American a buy, 1 analyst rates it a sell, and 7 rate it a hold.
TheStreet Ratings rates
. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, notable return on equity, expanding profit margins, largely solid financial position with reasonable debt levels by most measures and impressive record of earnings per share growth. We feel these strengths outweigh the fact that the company shows weak operating cash flow.
- You can view the full Reynolds American Ratings Report.
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