These days, Altria (MO) is certainly looking like a good stock to buy now. Why? Well, considering its (hefty) 19.8% annualized return and its dividend reinvestment, Altria is clearly the leader of the pack when it comes to buying stocks these days. Furthermore, the dividend growth tobacco stock, Altria, has been noted as the best performer in the S&P 500 for the 50-year period ranging from 1957 to 2007.
In addition, tobacco appears to be recession proof so, the only threat to this high return yielding stock would be state specific litigation banning cigarette manufacturing altogether but, considering the billions of dollars earned by the states on cigarette taxes, this should be highly unlikely to occur. Now that you have been recommended Where To Buy Stocks Online, perhaps Altria may be a fit for your online investing portfolio.
Comments on this entry are closed.