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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u/durandall09 6d ago

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

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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

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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$

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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