Altria Group: Reiterating My Buy Rating
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As a dividend growth investor, I am looking for companies that consistently deliver earnings growth as a result of competitive advantages.
Given that Altria Group’s (MO) Marlboro brand expanded its retail share to an impressive 43.1% in Q1 2021 (according to opening remarks from CFO Sal Mancuso during Altria Group’s Q1 2021 earnings call), I believe it’s fair to argue that Altria Group enjoys tremendous competitive advantages in a particularly…