RY 156.04 -0.032% TD 79.81 -0.4615% SHOP 99.81 0.9303% CNR 158.79 0.6401% ENB 53.84 0.4478% CP 111.87 0.8019% BMO 112.71 0.7419% TRI 225.62 0.396% CNQ 50.46 2.4777% BN 67.8 1.194% ATD 76.93 -1.0674% CSU 4321.5298 0.3257% BNS 67.27 1.3102% CM 78.76 1.5603% SU 54.66 -1.1037% TRP 62.42 1.2162% NGT 70.54 0.2558% WCN 251.32 0.3153% MFC 36.65 -0.0818% BCE 47.21 0.3187%

blue-chip

One NYSE-Listed Tobacco Stock at Resistance Level: Altria Group Inc

Jul 18, 2024 | Team Kalkine
One NYSE-Listed Tobacco Stock at Resistance Level: Altria Group Inc

MO:NYSE
Investment Type
Large-cap
Risk Level
Action
Rec. Price (US$)

Altria Group Inc

Company Overview: Altria Group, Inc. (NYSE: MO) is a holding company that provides a portfolio of tobacco products for United States tobacco consumers aged 21+. The Company operates through two segments: smokeable tobacco products and oral tobacco products.

As per our previous US Inflation report published on ‘MO’ on 11th August 2023, Kalkine provided an ‘Buy’ stance on the stock at USD 43.92 based on recent key business and financial updates, valuation and risk associated with the stock and the stock price has now moved by ~13.25% since then and has attained resistance 1.

Noted below are the details of support and resistance levels provided in our previous report:

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