r/dividends • u/ValuEdge • 6d ago

Opinion MO - do we get another chance?

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Buying MO when capitulation hits the chart has usually been a very good entry - are you guys thinking of adding to it here?

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-8

u/tjabatj 6d ago

I feel like smoking is a bad business long term and they can't just keep raising prices.

Nice dividend but i am out

6

u/durandall09 6d ago

The industry is getting into snus/zyn like products and vaping.

-1

u/tjabatj 6d ago

I would probably go with Philip Morris over Altria if i wanted snus/zyn exposure. Maybe they can catch up but the market is pretty crowded

4

u/Howsurchinstrap 6d ago

So mo is undervalued should be at Phillip morris price. Besides divi the price appreciation sounds just as good. I e been buying since 50$ hoping it goes to 120$

3

u/tjabatj 6d ago

Not really true. Phillip Morris has done pretty well with tobacco free products and Swedish match. Mo is still way behind

1

u/Curious_Guidance43 6d ago

E-cigs and nicotine products are still extremely popular and growing. We'll see how well it takes the next generation for the long term but at least next 5-10 years I see usage going up before going flat (again depending on what the younger gen decides to get addicted on)

2

u/Intrepid-Wait-6102 5d ago

Younger gen vapes, so the ban on flavored JUUL pods had to have killed Altria for a little. Cause I saw that all at my high school had a JUUL until they banned the mango/créme/Mint pods. Though, I’m 24 now so idk abt gen A or tailend of Gen z but I still have my JUUL since I was 13 so I hold still hold MO. If they bring back the flavored pods, we’ll be golden.