- Dividend : 5%+ ...may announce/increase dividend next month (august from .41 to .??)...as they usual do in the month of august.
- Lots of SHorts (...and they seem to be covering)..as we break all-time-highs.
- USA - only_PLAY ..not hooked on euro-zone turmoil !!
- Owns 25% of SABMiller ( 2nd largest beer company in the world)..and if they sell-back their stake ...just like constellation_brands(stz) sold back COrona_beer to "BUD"....the stock will take-off.
- MOST Important_reason ..why this stock will trend-higher::>> The FDA could force the tobacco companies to put a skull and crossbones on each pack large enough to cover 80% of the package. Then they could make them write the word POISON on the other 80% and the morons that smoke would still buy them.
I have tracked every single trade...during trading hours of "MO"..since Feb of this year...the turning point was "june 6th"..when the " shorts Covered" a lot. Since then ; i haven't see any downside pressure...and its been all-up since then. Overall: its a clear-SLOW-Moving-path to above $40/-
I cant tell you how many times I see some analyst post that the stock is due for a pullback, technicals, etc and MO just goes "so What" and continues to break the 52 week highs, people looking for a save haven for their money dont pay any attention to the market's efforts to try and pull it back..