Breakout incoming for the most undervalued stockAltria yields a fantastic 10% dividend return. Cigarettes are not going away, especially not in a time of crisis.
I think it can easily go x2, x3. maybe more.
MO trade ideas
MO - possible a good spot for LONG.Does the downtrend end?
We broke the downtrend which started in 2017.
We broke out of the huge triangle.
Looks like it's a trend change.
MO has investments in the cannabis sector (cron). The cannabis sector is INSANE right now - so I think it will push MO price.
so... LONG
MO Long! [Target: $50] Looks like the formation of an ascending triangle bottom reversal. In addition to the chart pattern, this stock currently has an 8.1% dividend yield. If this stock trades sideways you can still book an 8% annual return. Never mind the ability for this company to enter the marijuana market at scale. As I've mentioned in other posts, I expect to see some capital flow from growth stocks to value stocks. MO is a great target for those looking for cash flow and large dividend payments. This is a great way to diversify your portfolio.
**Not financial advice, do your own research**
MO ELLIOT WAVE THEORY (LONG TERM)- $MO seems to be in a corrective wave 4.
- Still in an uptrend
- Bounced off of support level
**Potentially new highs in the future**
Altria FDA RecoveryAltria is trading at a steal right now.
Following the popularity and subsequent crackdown on JUUL, Altria's stock has tumbled ~45% from its high in 2017. The barrage of lawsuits and FDA restrictions has frightened investors, causing shares to plummet. A $29 billion debt and a $731 million loss on a Cronos Cannabis investment have increased pessimism regarding MO's management. Furthermore, tobacco demand has been decreasing since the '70s. It would seem that Altria is an inflexible, mismanaged giant in a dying industry.
Although Altria's revenue has only increased from $24.6 billion to $25.1 billion from 2012-2019, its operating cash flow grew from $3.9 billion to $7.8 billion. This means that although MO's revenue growth has been pretty stagnant, it is rapidly increasing its operational capacity. Furthermore, a generation is already addicted to salt nicotine, and while they may not buy JUUL's product, Altria owns the formula for salt nicotine and most of the mechanisms within salt nicotine devices. This means regardless of what salt nicotine device is purchased, MO is getting a cut.
The $29 billion debt would usually be of concern, however, Altria's debt schedule has them repaying at most $3 billion annually. This means that MO can easily cover its liabilities/expenses without needing to cut dividends and still have cash left over to play with. The dividend currently has a yield of 8.22%. Not many companies can boast a sustainable 8.22% dividend yield and a potential for share growth.
Although MO has taken such a heavy loss with their CRON investment, they still maintain a 45% ownership of the largest cannabis company by revenue. I suspect that this loss will be temporary, and as legal recreational-use marijuana continues to grow, the entire industry will expand. This expansion will make MO's investment profitable in the long term.
With a trailing-twelve-month PE Ratio of 9.56, MO's current share price is cheap when compared to its earnings.
Price has found support at the 200 EMA on the all-time frame. It is currently pushing on the top side of the wedge, and tomorrow's earnings could serve as a catalyst for a breakout.
TLDR: Cash flow increased from $3.9 billion to $7.8 billion from 2012-2018. Holds significant market power using its existing patents. Holds 45% of the largest cannabis company by revenue. Has enough cash to pay existing debts without touching dividends. Trailing 12 month PE Ratio of 9.56. Plenty of room for growth. Possible breakout soon.
"I'll tell you why I like the cigarette business. It costs a penny to make. Sell it for a dollar. It's addictive. And there's fantastic brand loyalty." (Warren Buffett)
MO Broken Channel, MO Inflation, MO Money.Pure USA - MO has a great dividend, an addictive product, and infrastructure in place to leverage MJ legalization. Not to mention an army of lobbyist in DC. Earnings tomorrow are likely to inspire. Breakout and rapid rise expected for this excellent play.
Consolidating Triangle formation in MOBreakout on either side soon, will watch close to see if there is any up or down side volume spikes
Altria (MO). Waiting for (c) of [b] to go bottom?I think (C) of is Ending Diagonal Triangle. So waiting wave (c) of to get short position.
Bullish Setup Idea for Altria Group IncSupply Range was previously balanced and it looks like the price of the stock is merely retesting the previously broken range in an attempt to find enough Buy Orders (Bullish Volume) to continue its bull trend. The recent Double Top has to be taken in consideration when analyzing this stock, but I think that the recent tightening in Vaping Products can boost traditional tobacco products to higher levels/prices.
It's always recommended to wait for rejections in lower timeframes as well.
Altria bullishTobacco has always been a save harbor. People will smoke and drink more being at home during the pandemic.
I hope they can expand into the cannabis; the future market.
Chart should explain the rest; finally gaining strength again.
$MO | Push Big Tobacco: Inverse Head and Shoulders + WedgeBullish Inverse Head and Shoulders and Bullish Wedge
$MO , going up . Can we see Feb level ?
$MO is moving up nicely and smoothly.
If we pass 44.90 , we may hit Feb level (50s)
Not a recommendation 👍🏻
Altria : smoking up on H&S#MO is in unpopular industry, heavily indebted, wrote down Juul investment, pays 80% of income in dividends (impressive 8.3% yield)...
What else to buy when nearly everything else is overpriced?
Targets: 47.30 , 49.60
Besides the next ex-dividend date is 26/12
MO LongMonthly downtrend Channel
Monthly demand is support now
Daily trendline break
Price close above EMA144
Entry 41.5
Stop 40
Target 48
I am not a PRO trader. I need few months to practice trading strategies.
If you like this idea, please use SIM/Demo account to try it, until my trading plans get high winning rate.
Long holdA few things show MO is a good long term hold. MO broke the parabolic bear trend and is retesting this area with a monthly bull div.
Mo has used the 200 monthly MA as a great buy opportunity for long bull market moves. Monthly has a kangaroo tail, weekly looks like a Whammie formation, and daily looks to be finding support.
R/R is good for a long position here with a high dividend stock.
This is not financial advice, i am not a financial advisor. For financial advise please consult someone else, this is a side hustle. Good luck and god speed.
Self taught/self educated
MO potential breaking of a longterm downtrendIf the price breaks the line could be a new uptrend but could also go down and continue the trend. What do you think?
Altria Group Inc (MO) Technical AnalysisThe chart provides an analysis of the Altria Group Inc ( NYSE:MO ) stock price by Fibonacci and Pitchforks tools.
It is expected to decline the price to at least 28 with a subsequent rise to 50 and 64 after small retracement.
The whole movement is 160% .
Go green!
Bearish trend line on Altria GroupAs seen on the chart, there is an opportunity of a short position.
The trend line has 6 strong point, since June 2017
