In today's edition of "Talkin' Stocks" Austin provides a buy, sell, or hold perspective on one of the market's hottest dividends: Altria (NYSE:MO). Austin is a hold today, believing the environment for the company to be more favorable than it initially seems. While the growth may admittedly be less than some other industry counterparts, Altria has a lot going for it including a strong dividend, growing smokeless tobacco division, and a big hidden lever in its stake of SAB Miller. Altria effectively competes with traditional tobacco companies and nontraditional companies like Star Scientific (UNKNOWN:CIGX.DL), and even has a stake in the adult beverage arena. Investors today would do well to hang onto shares.
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Austin Smith owns shares of Philip Morris International. The Motley Fool has no positions in the stocks mentioned above. Motley Fool newsletter services recommend Philip Morris International. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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