$MO Altria Group - 7.7% Value Play / Anti-ESG Money Maker
This holding is one that should weather downtrends should the market shifts to value and rates increase. $MO offers a 7.7% yield presently and long term technical indicators on 1M and 1W all look solid.
$MO has traded with some correlation to rates over the past 20 years so if rates are to increase this is a solid safety play and should increae as well. $MO should still outperform bonds/US10Y where growth stocks with no earnings will not.
its also probably the largest under-covered $80B Global Market Cap out there and when the market cant afford to "invest with its feelings" this will outperform.
Wallstreet has an Average price target of $49 which lines up with some key Fib level and is also my "easy target".
Altria Group, Inc., through its subsidiaries, manufactures and sells cigarettes, smokeless products, and wine in the United States. It offers cigarettes primarily under the Marlboro brand; cigars principally under the Black & Mild brand; and moist smokeless tobacco products under the Copenhagen, Skoal, Red Seal, and Husky brands, as well as provides on! oral nicotine pouches. The company also produces and sells varietal and blended table wines, and sparkling wines under the Chateau Ste. Michelle and 14 Hands names; owns Stag's Leap Wine Cellars, Conn Creek, Patz & Hall, and Erath wine brands; and imports and markets Antinori, Torres, and Villa Maria Estate wines, as well as Champagne Nicolas Feuillatte in the United States. In addition, it provides finance leasing services primarily in transportation, power generation, real estate, and manufacturing equipment industries. The company sells its tobacco products primarily to wholesalers, including distributors; and large retail organizations, such as chain stores.
$MO has traded with some correlation to rates over the past 20 years so if rates are to increase this is a solid safety play and should increae as well. $MO should still outperform bonds/US10Y where growth stocks with no earnings will not.
its also probably the largest under-covered $80B Global Market Cap out there and when the market cant afford to "invest with its feelings" this will outperform.
Wallstreet has an Average price target of $49 which lines up with some key Fib level and is also my "easy target".
Altria Group, Inc., through its subsidiaries, manufactures and sells cigarettes, smokeless products, and wine in the United States. It offers cigarettes primarily under the Marlboro brand; cigars principally under the Black & Mild brand; and moist smokeless tobacco products under the Copenhagen, Skoal, Red Seal, and Husky brands, as well as provides on! oral nicotine pouches. The company also produces and sells varietal and blended table wines, and sparkling wines under the Chateau Ste. Michelle and 14 Hands names; owns Stag's Leap Wine Cellars, Conn Creek, Patz & Hall, and Erath wine brands; and imports and markets Antinori, Torres, and Villa Maria Estate wines, as well as Champagne Nicolas Feuillatte in the United States. In addition, it provides finance leasing services primarily in transportation, power generation, real estate, and manufacturing equipment industries. The company sells its tobacco products primarily to wholesalers, including distributors; and large retail organizations, such as chain stores.