legacyFXofficial

MO - BULLISH SCENARIO

Long
NYSE:MO   Altria Group, Inc.
Altria makes and sells smokeable tobacco products like cigarettes and cigars and oral products like chewing tobacco and nicotine pouches. The addictive properties of nicotine have made Altria a controversial but consistent company.
The company’s robust business model generates enough yearly cash to sustain a dividend-yielding 7.9%.
The next price target is located at the $ 53 local resistance level.


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