Reported 5 months ago
The article from Motley Fool discusses the reasons to consider buying Altria stock as a defensive investment, particularly during potential bear markets. Altria has historically outperformed the market during market downturns, offering downside protection and outpacing the S&P 500 during both bear and bull markets. The company's stable cash flows, high dividend yield, and strategic investments in non-combustible products contribute to its attractiveness as a defensive stock. Despite concerns about its transition to non-combustibles and slower growth during market upturns, the current market conditions present a compelling opportunity to invest in Altria given its solid fundamentals and potential for downside protection.
Source: YAHOO