Retirement
from24/7 Wall St.
3 months agoThe Best Dividend Stock In A Market Downturn
Altria remains a strong investment despite market volatility, with solid dividends and financial stability.
Big Tobacco continues obstructing progress by hijacking health narratives - notably through its calculated vaping shift in recent years. Despite its rhetoric on smokeless products, new data reported reveals that the tobacco industry remains firmly dependent on cigarette sales, which accounted for roughly three-quarters of Western tobacco giants' revenue in 2024. Moreover, Big Tobacco stocks are soaring, fueled by rising prices and continued global demand. Make no mistake - the tobacco industry has not used vaping as a tool for change, but as a hedge against decline.