The rising popularity of low-risk tobacco alternatives has translated into a significant upside for the Zacks Tobacco industry. Products like vaping, e-cigarettes and heat-not-burn variants are being used by smokers due to their less harmful impacts on health. Companies like Philip Morris International Inc (NYSE:PM). PM, Altria Group (NYSE:MO), Inc. MO and Turning Point Brands (NYSE:TPB), Inc. TPB have been benefiting from the growing market share of such items.
However, when it comes to cigarettes, tight regulatory norms and consumers’ growing health consciousness continue to be a downside. Nonetheless, strong pricing power has been offering respite to a number of players in the tobacco space.
Infrastructure Stock Boom to Sweep America
A massive push to rebuild the crumbling U.S. infrastructure will soon be underway. It’s bipartisan, urgent, and inevitable. Trillions will be spent. Fortunes will be made.
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Philip Morris International Inc. (PM): Free Stock Analysis Report
Altria Group, Inc. (MO): Free Stock Analysis Report
Turning Point Brands, Inc. (TPB): Free Stock Analysis Report
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