|Day Low/High||55.01 / 56.44|
|52 Wk Low/High||42.40 / 66.53|
The tobacco giant modestly beat third-quarter expectations and we continue to like its dividend.
It becomes difficult for me to tell you where to run in these markets...
Altria Group, Inc. (Altria) (NYSE:MO) today announces its 2018 third-quarter and nine-months business results and tightens its guidance for 2018 full-year adjusted diluted earnings per share (EPS).
Cannabis and tobacco are hard to equate, which Barclays' primer on the Cannabis industry misses.
Canopy Growth already has a $4 billion war chest thanks to Constellation Brands.
Portfolio companies reporting this week include UPS, Altria, Alphabet, Amazon and Chipotle.
We exited two economically sensitive positions during a volatile week for the markets.
These names should stoke up your portfolio.
On Wednesday, Canada becomes the first major economy to legalize the recreational use of cannabis.
We exited one position during a challenging week for the market that reverberated through the portfolio.
Altria Group, Inc. (Altria) (NYSE: MO) will host a live audio webcast on Thursday, October 25, 2018, at 9:00 a.
The time to scoop up Altria is now, not when some type of official announcement is made.
A rough week for the market reverberated through the portfolio, but our defensive positions served us well.
There are several avenues to invest in the potential cannabis boom -- recreational plays; medical plays; and companies that have a lot to gain from the industry but aren't reliant upon it for success.
Charts for the marijuana stock and the tobacco giant illustrate their different perception among traders.
These names all pay generous dividends and have limited China exposure.
The last week of the quarter was a mixed one for the major market indices and the portfolio.
Altria, AT&T and Omega Healthcare all pay generous dividends and have limited China exposure.
Notable portfolio outperformers this week included JPMorgan Chase, Paccar and Rockwell Automation.
The mechanism for rational price discovery, at least in Tilray, appears to be irrational at the moment.
Covered calls may be the best bet -- or wait for a dip.
We continued to deploy capital and reposition the Trifecta portfolio this week, adding to a position, initiating another, and exiting a third one.
There is no denying the obvious consumer demand. There is no denying legal trends.
Not every cannabis stock was strong on Wednesday. One significant Canadian name sure was though.
Looking at options trading activity among components of the Russell 3000 index, there is noteworthy activity today in Altria Group Inc , where a total volume of 121,460 contracts has been traded thus far today, a contract volume which is representative of approximately 12.1 million underlying shares (given that every 1 contract represents 100 underlying shares). That number works out to 212.6% of MO's average daily trading volume over the past month, of 5.7 million shares.
L Brands yields 9.04%, but the risks seem too high.
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