Tobacco Stocks News
Tobacco Headlines Today
Tobacco & Cigar Stocks
Many are asking why tobacco stocks are down so far this year, with top tobacco companies like British American Tobacco (BATS) and Philip Morris (PM) stocks trading lower than they have in years. Even Altria (MO) stock has taken losses this year and just as they have been making large acquisitions and investments in e-cigarette companies and new marijuana growing stocks.
While tobacco stocks have fallen and it is not clear when they will start gaining value again, many investors realize that long term these companies will do well again. They are just currently adapting to the times where marijuana is coming in as a big player, and many are switching from Marlborough cigarettes to safer vape pens instead.
Short term stocks are down for tobacco giving smart investors the possibility of buying in cheaply and waiting for these big tobacco companies to come back out on top.