Altria Group is a leading company in the tobacco and consumer goods industry, primarily known for its extensive portfolio of cigarette brands, including Marlboro
The company engages in the manufacture, marketing, and sale of various tobacco products and related offerings. Beyond traditional tobacco, Altria has been expanding its focus on smoke-free alternatives, such as e-vapor products and heated tobacco devices, as part of its strategy to adapt to changing consumer preferences and regulatory landscapes. Additionally, Altria is involved in wine production and has made investments in cannabis and other non-tobacco businesses, reflecting a commitment to diversifying its product range and engaging with emerging markets.
Double-digit percentage declines in the benchmark S&P 500 and growth-centric Nasdaq Composite have hardly made a dent in the stock market's premium valuation.
While plummeting stock indexes sent some investors screaming for the exits, others look to shift assets from large-cap tech stocks and cap-weighted ETFs into less volatile investments..
Let’s dig into the relative performance of Zevia (NYSE:ZVIA) and its peers as we unravel the now-completed Q4 beverages, alcohol, and tobacco earnings season.
The low valuation multiples for value stocks provide a margin of safety that growth stocks rarely offer.
However, the challenge lies in determining whether these cheap assets are genuinely undervalued or simply on sale due to their potentially deteriorating business models.
As volatility returns to the S&P 500 index, some investors may consider safer alternatives for their portfolios. Wall Street analysts agree with upside
