Imperial Tobacco Group PLC (ADR)
BlackRock's chief investment strategist believes that the market is starting to rotate out of typically defensive sectors and into more cyclical industries. To find a few investment ideas, I took a look at BlackRock Global Dividend Income Fund. While I was looking for cyclical names, I was surprised to come away with a list of tobacco companies.
Not What I Expected
Philip Morris International's (NYSE: PM) first-quarter earnings were less than impressive. However, digging deeper into the numbers shows that the near-term problems shouldn't derail the company's long-term growth prospects.
“Philip Morris International Inc., the world’s largest publicly traded tobacco company, posted first-quarter earnings that fell more than analysts estimated as tax increases and economic weakness hurt shipments.” That was the first sentence of the more »
Tobacco companies have long been stalwart members of sin stock portfolios. While the industry leaders are best positioned, taking a look at the second stringers can lead dividend investors to more income.
Like any sector, the tobacco industry has leaders and followers. While being the leader is always preferable, being number two, or three, isn't always a bad thing. This is particularly true in an industry selling more »
[continued from “Investing in Cuba: Congressional Hardliners ‘Traders’ to the Cause”]
Cuba's iconic tobacco and alcohol products are the benchmark vices for many – including Americans which are still the largest consumers of the island’s sin exports.
After acquiring Spain’s Altadis in 2008 with its 50% interest in Cuba’s state cigar monopoly Habanos, Britain’s Imperial Tobacco (NASDAQOTH: ITYBY.PK) became the leading distributor for the island more »
It’s a fact well known that, smoking is dangerous to health. Even after numerous warnings if people don’t leave the bad habit, investors have the opportunity to capitalize on it. Tobacco industry unlike other industries is not affected by the state of the economy. Its consumers include addicts that cannot quit these tobacco products. The more addicts, the more stability of revenues, that’s the simple formulation.
In more »
A fellow cigar-smoker taught me one of my first lessons in finance: Never get emotionally attached to an investment. Good advice, but with premium cigars, you can follow your heart. Though U.S. regulators have some nasty restrictions planned, premium cigar manufacturers will survive and thrive, as they did throughout the recession.
Congress delegated regulatory power over tobacco to the Food and Drug Administration in 2009, and the agency is more »
Tobacco stocks have historically showcased several key characteristics that have made them attractive additions to any portfolio. The goods are created from a renewable resource, they cost pennies to make and sell for many multiples of their input costs, and garner an unmatched level of consumer loyalty. As such, players within the industry have generally enjoyed ever-increasing top lines as the worldwide population has grown, and a meaningful level of more »