The following video is part of our "Motley Fool Conversations" series, in which advisor Charly Travers and analyst Jason Moser discuss topics across the investing world.

We like tobacco stocks for their robust dividend yields, which for domestic cigarette companies Lorillard, Altria, and Reynolds American are in the 4%-5% range. However, the long-term trend for smoking in the U.S. is down. In contrast, Philip Morris International offers more appealing long-term growth prospects and its dividend should grow over time.

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