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Altria or Philip Morris International: Which Stock Should You Buy Now?

Altria or Philip Morris International: Which Stock Should You Buy Now?

Tobacco stocks are a longtime favorite of dividend investors, and sister companies Altria Group (NYSE: MO) and Philip Morris International (NYSE: PM) dominate the industry. Since Altria spun off Philip Morris more than a decade ago, the two companies have taken different approaches to ready their companies for a future where cigarettes aren't their main revenue source. Altria sells tobacco and nicotine products in the United States, headlined by the Marlboro brand of cigarettes.