The stock has suffered terribly as a result of negative publicity and involvement in several scandals throughout 2019. Questionable investments has effected the financials. Public and regulatory back lash negative for the stock. Possible golden cross imminent. Inverse head & shoulders possibly forming.
Altria is finally trading above the 200 SMA and been trending up since the beginning of Oct. The ex dividend date is 12/24 and the dividend yield is an excellent 6.7%. It's PE is also pretty darn good at 12.82, and the consensus target price is 54.86. That would be 7.29% upside (it's current price is 51.13), plus an incoming dividend payment. IMHO this would be...
In a downtrend for a while but amazing dividend stock to hold for your retirement portfolio. Possible buy area 46$
All about fractals. Curious to see if the $cron news will act as a catalyst.
About as bad as it gets for Altria. Only hope is a breakout above a nasty descending channel. And even then, you have resistance at what used to be support -- the ascending trendline.
For the record; I am a shareholder (LONG). I will continue to add at these levels. I dollar cost average to avoid timing the market. For MO, I believe the fundamental turnaround is inevitable with investment in marijuana and vaping and I get paid 6+% to wait to see it. Looking strictly technical analysis we see that the stock is clearly in a down-trend and ...
Disclosure - I am a buyer, and I am holding LONG LONG LONG. I've been accumulating since the low-mid 40s and I just bought another traunch today. 8% Yield is unheard of for this stalwart. People call it a reg flag; that the high yield SCREAMS sell sell sell... Only suckers are selling here; don't be fooled. Buy and hold this for 10 years and you'll find...
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This idea wasn't published until today and Price Action hit the target. There is still room for upside to 52.55 This is not a financial advice.
MO looks good here, wish I saw this a week ago. I expect a move up to the 200sma. Still a good trade.
honestly just testing my gut feeling here, recently started watching mo, lookin fo da set up
I think the media FUD about vaping and a possible end-of-year recession fright can bring it even lower. Idk, maybe you can get it for $39, but if you zoom out it's pretty clear Altria's cheap even today. Feels like a solid pick for those who appreciate slow and steady gains.
Looking good for a long, and they're cheap in Octobers. Don't take this as advice.
The current candle is engulfing the previous green onces. The momentum is increasing again.