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Monday, July 2, 2012

MO: Altria Is Now Grossly Overvalued

Altria Is Now Grossly Overvalued
by The Independent Investor

Is there any more loved stock than Altria (MO)> While the previous company, Phillip Morris, was a global company that at different times operated an international food and smoking business, including what is today called Kraft (KFT) and Phillip Morris International (PM), the company today gets over 80% of its revenues from the domestic cigarette business. read more »

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