Wall Street Finds a Lot to Like About Tobacco

For all the industry's apparent troubles, however, the future of cigarettes appears to be brighter than ever.

That at least is the message investors are sending as the Altria Group -- the company once known as Philip Morris and the maker of the world's most popular cigarette, Marlboro -- prepares to split itself by spinning off its Kraft Foods division to shareholders and become, once again, primarily a tobacco company. Today, Louis C. Camilleri, ... Full Story »

Posted by Dale Dougherty

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Terri Adams
3.9
by Terri Adams - Oct. 1, 2008

This is interesting to me because I assumed tobacco companies would be doing poorly because so many people have stopped smoking. This puts it in perspective.

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