5 Reasons to Buy Altria Group Stock Like There's No Tomorrow
It's been a tough year for stocks overall. But Altria Group (NYSE: MO) has bucked the trend, rising in value by nearly 10% even as broader market indexes dropped sharply in value.Nervous about what's to come in 2025? There are five major reasons to believe Altria shares can be a safe harbor in nearly any storm.As a nicotine company, Altria's business model is well suited to handle volatility from both stock markets and the overall economy. Despite falling combustible cigarette use in the U.S., overall nicotine demand remains stable. In fact, recent years have seen consistent growth, moving from 53 million nicotine users in 2019 to 55 million in 2024. Importantly, those using "smoke free" methods like vaporizers or consumables have gone from 21% of the market to around 33% over that time period.Continue reading
It's been a tough year for stocks overall. But Altria Group (NYSE: MO) has bucked the trend, rising in value by nearly 10% even as broader market indexes dropped sharply in value.
Nervous about what's to come in 2025? There are five major reasons to believe Altria shares can be a safe harbor in nearly any storm.
As a nicotine company, Altria's business model is well suited to handle volatility from both stock markets and the overall economy. Despite falling combustible cigarette use in the U.S., overall nicotine demand remains stable. In fact, recent years have seen consistent growth, moving from 53 million nicotine users in 2019 to 55 million in 2024. Importantly, those using "smoke free" methods like vaporizers or consumables have gone from 21% of the market to around 33% over that time period.
