Altria: A Good Defensive Bet Right Now?
- Thursday, July 30, 2020, 7:15
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Altria stock increased around 36% since the late March lows (vs. about 44% for S&P 500) to its current level of $43. This is after falling to a low of $31 on 23rd March, as a rapid increase in the number of Covid-19 cases spooked investors, and heightened concerns of an imminent global economic…