Altria has performed well over the past year. Is this trend likely to continue?
Altria is in an industry that has performed well and it shows in its stock price. The made new highs just last year and is now trading just a few dollars short of them. This price trend has also been supported by the earnings and revenue numbers the company has reported. Relative to its peers, the stock has led the pack.
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While analysts remain neutral on both big tobacco companies, Altria and Reynolds have given shareholders increased dividends in recent months.
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