Should You Be Tempted To ‘Sell’ Altria Group (MO) Stock
download here. The fund posted a return of -11.4% for the quarter, underperforming its benchmark, the S&P 500 Index which returned 20.5% in the same quarter. You should check out Artko Capital’s top 5 stock picks for investors to buy right now, which could be the biggest winners of the stock market crash.” data-reactid=”12″>Artko Capital recently released its Q2 2020 Investor Letter, a copy of which you can download here. The fund posted a return of -11.4% for the quarter, underperforming its benchmark, the S&P 500 Index which returned 20.5% in the same quarter. You should check out Artko Capital’s top 5 stock picks for investors to buy right now, which could be the biggest winners of the stock market crash.
MO) is one of them. Altria Group Inc. (NYSE:MO) is one of the world’s largest producers and marketers of tobacco, cigarettes and related products. Year-to-date, Altria Group Inc. (NYSE:MO) stock lost 16.8% and on August 6th it had a closing price of $41.55. Here is what Artko Capital said:” data-reactid=”13″>In the said letter, Artko Capital highlighted a few stocks and Altria Group Inc. (NYSE:MO) is one of them. Altria Group Inc. (NYSE:MO) is one of the world’s largest producers and marketers of tobacco, cigarettes and related products. Year-to-date, Altria Group Inc. (NYSE:MO) stock lost 16.8% and on August 6th it had a closing price of $41.55. Here is what Artko Capital said:
“Altria Group (MO) – We made an 9% Core Portfolio investment in Altria group at sub $40.00 in 2019 with the view that it was a good place to park cash at an 8%+ dividend yield with liquidity and a 15- 25% annual IRR upside. When the stock reached $50+ in early 2020 we took half of our position off the table and took the rest off back at $40 in the spring 2020 as we are positioning our portfolio to have significantly higher upside in the nanocap space as the economy and the small cap markets recover over the next few years. We may come back to MO in the future as it is a solid dividend yielding investment, but as we mentioned earlier, our strategy does involve off-the-beaten-path companies with an opportunity to get repriced on growth of revenues and earnings and Altria Group’s low growth was not going to get us the returns we seek given the repricing of the value segment of the small cap markets.”
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published an article revealing that Brown Advisory is bearish about Altria Group Inc. (NYSE:MO) stock. The investment management firm believes that the company’s Marlboro cigarette brand will lose market share to its rivals amid the pandemic.” data-reactid=”28″>Last month, we published an article revealing that Brown Advisory is bearish about Altria Group Inc. (NYSE:MO) stock. The investment management firm believes that the company’s Marlboro cigarette brand will lose market share to its rivals amid the pandemic.
MO) stock decreased by about 15% from the previous quarter (see the chart here), so a number of other hedge fund managers seem to agree with Altria’s downside potential. Our calculations showed that Altria Group Inc. (NYSE:MO) isn’t ranked among the 30 most popular stocks among hedge funds.” data-reactid=”29″>In Q1 2020, the number of bullish hedge fund positions on Altria Group Inc. (NYSE:MO) stock decreased by about 15% from the previous quarter (see the chart here), so a number of other hedge fund managers seem to agree with Altria’s downside potential. Our calculations showed that Altria Group Inc. (NYSE:MO) isn’t ranked among the 30 most popular stocks among hedge funds.
The top 10 stocks among hedge funds returned 185% since the end of 2014 and outperformed the S&P 500 Index ETFs by more than 109 percentage points. We know it sounds unbelievable. You have been dismissing our articles about top hedge fund stocks mostly because you were fed biased information by other media outlets about hedge funds’ poor performance. You could have doubled the size of your nest egg by investing in the top hedge fund stocks instead of dumb S&P 500 ETFs. Below you can watch our video about the top 5 hedge fund stocks right now. All of these stocks had positive returns in 2020.
under-the-radar stock. We go through lists like the 10 most profitable companies in the world to pick the best large-cap stocks to buy. Even though we recommend positions in only a tiny fraction of the companies we analyze, we check out as many stocks as we can. We read hedge fund investor letters and listen to stock pitches at hedge fund conferences. If you want to find out the best healthcare stock to buy right now, you can watch our latest hedge fund manager interview here. You can subscribe to our free enewsletter below to receive our stories in your inbox:” data-reactid=”33″>At Insider Monkey we scour multiple sources to uncover the next great investment idea. Cannabis stocks are roaring back in 2020, so we are checking out this under-the-radar stock. We go through lists like the 10 most profitable companies in the world to pick the best large-cap stocks to buy. Even though we recommend positions in only a tiny fraction of the companies we analyze, we check out as many stocks as we can. We read hedge fund investor letters and listen to stock pitches at hedge fund conferences. If you want to find out the best healthcare stock to buy right now, you can watch our latest hedge fund manager interview here. You can subscribe to our free enewsletter below to receive our stories in your inbox:
Insider Monkey.” data-reactid=”35″>Disclosure: None. This article is originally published at Insider Monkey.