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11+ Best Tobacco Stocks in 2024: Trends & Tips Wisesheets Blog

Diving into the tobacco stock market can seem like navigating a maze in the dark. But with Wisesheets, you’re equipped with a flashlight that not only shows the path but also highlights potential treasures along the way. Let’s explore how Wisesheets turns the complex task of selecting a tobacco stock into a streamlined, risk-minimized process. Philip Morris International, a titan in the tobacco market, has left an indelible mark with its flagship product, Marlboro. Beyond tobacco, Altria’s strategic investments in AB InBev and Cronos Group underscore its vision to diversify and tap into burgeoning markets. As we navigate through the evolving landscape of the tobacco industry, identifying stocks that not only withstand the test of time but also promise growth and stability is crucial.

• If you’re thinking about getting in, don’t wait – because once Wall Street catches wind of this story, the easy money will be gone.
• In fact, Verge argues this company’s supercheap AI technology should concern rivals.
• Through its tobacco subsidiaries, Altria holds the leading position in cigarettes and smokeless tobacco in the United States and the number-two spot in machine-made cigars.
• However, investors must keep in mind that the total volumes for the industry are in fairly steep decline, and all indications are that this is irreversible.
• Management believes that growth will accelerated during the second half of the year due to the roll-out of new products in the company’s New Categories/smokeless businesses.
• It seamlessly integrates with Excel and Google Sheets, making financial analysis a breeze.

Philip Morris International Inc. (NYSE: PM)

It holds a 10.2% interest in the world’s largest brewer, Anheuser-Busch InBev. Through its tobacco subsidiaries, Altria holds the leading position in cigarettes and smokeless tobacco in the United States and the number-two spot in machine-made cigars. The company’s Marlboro brand is the leading cigarette brand in the U.S. with a 43% share in 2020. Notably, combustibles continued to show resilience, with volumes declining just 1.5%. Specifically, shipment volumes in cigarettes, heated tobacco, and oral products changed -1.5%, 9.2%, and 26.5%, respectively. Fiscal 2025 was a year during which the company grew its revenues by 7%.

But a societal shift toward healthier lifestyles and the understanding of tobacco’s effects have led to greater regulation and litigation — and both affect the value of tobacco stocks. Altria comprises Philip Morris USA, U.S. Smokeless Tobacco, John Middleton, Ste. Michelle Wine Estates, Nu Mark, and Philip Morris Capital, although the company plans to wind down Philip Morris Capital by the end of 2022.

Who is the biggest tobacco company?

The tobacco industry may be reviled by some, but it has been a big winner for investors for much of its history. Throughout the 20th century, tobacco stocks were among the best performers, benefiting from an addictive, highly profitable, recession-proof product, plus a reputation for generous dividends. In the ever-evolving tobacco cigarette business, savvy investors need strategies that not only navigate the current landscape but also anticipate future shifts. Here are actionable tips to help you outperform the market and secure robust returns from your tobacco stock investments. When it comes to dissecting the financial nuances of tobacco stocks, Wisesheets is your ace in the hole. It’s like having a financial analyst in your pocket, turning the tedious task of data analysis into a breeze.

British American Tobacco PLC (NYSE: BTI)

Its products include snus, moist snuff, chewing tobacco, cigars, and lighters and matches. Swedish Match’s largest markets are Scandinavia and the United States, which collectively account for roughly 85% of the company’s total revenue. Key brands include general (snus), longhorn (moist snuff), red Man (chewing tobacco), garcia y vega (cigars), and cricket (lighters). The company produces its products in Sweden, the United States, the Dominican Republic, Brazil, the Netherlands, and the Philippines. The tobacco market, with its rich history and evolving landscape, continues to be a focal point for investors seeking both stability and growth opportunities.

Company

While the tobacco market faces its share of challenges, it also presents unique opportunities for informed investors. The FDA has been regulating vaping products since 2016, claiming that flavored vapes represent a health concern and may encourage young people to use tobacco. More than 2.1 million youths in the US reported using e-cigarettes in 2023, with 10% of high school students vaping. The FDA has rejected thousands of flavored products and has only approved tobacco and menthol flavors. One specific issue, marketing plan consideration, was returned to lower courts after the Supreme Court reversed the 5th Circuit’s prior criticism of the FDA’s changing criteria. Companies that promote unapproved products risk “civil and criminal penalties,” the FDA warned.

Get stock recommendations, portfolio guidance, and more from The Motley Fool’s premium services. After completing my BBA degree in Finance at the Schulich Program in Toronto, Canada. I started my career in the industry at one of Canada’s largest REITs, where I honed my skills analyzing and facilitating over a billion dollars in commercial real estate deals.

Wall Street is noticing this company also because it is quietly riding all of these tailwinds—without the sky-high valuation. As the world chases faster, smarter machines, a hidden crisis is emerging behind the scenes. Trust me — you’ll want to read this report before putting another dollar into any tech stock. When billionaires from Silicon Valley to Wall Street line up behind the same idea — you know it’s worth paying attention to. According to Musk, this technology could be worth $250 trillion by 2040.

Hempacco Co., Inc. aims to disrupt the tobacco field with herb and hemp-based alternatives. Its diverse operations include manufacturing smokables and developing smokable technology, alongside high-profile joint ventures. Act Now and Unlock a Potential 100+% Return within 12 to 24 months. From computer scientists to mathematicians, the next generation of innovators is pouring best tobacco stocks its energy into this field. You simply won’t find another AI and energy stock this cheap… with this much upside.

In Q1 2025, Njoy’s consumable shipments increased 23.9% to 1.235 billion units, and device shipments jumped 70% to 300,000 units. 22nd Century Group, Inc. is pioneering tobacco harm reduction and plant biotechnology, developing reduced nicotine content tobacco products. With the first FDA MRTP authorization for a combustible cigarette, they aim to facilitate smoking reduction. Altria Group, Inc., an emblem of American corporate success, stands tall as one of the globe’s leading producers and marketers of tobacco, cigarettes, and related products. One little-known company—almost entirely overlooked by most AI investors—could be the ultimate backdoor play.

Trends and News in the Tobacco Stock Market

The domestic manufacturer of Marlboro, Parliament, and Virginia Slims split from Philip Morris International in 2008. However, it still owns Philip Morris USA, the subsidiary that oversees Altria Group’s cigarette brands. The tobacco industry produced some of the 20th century’s best-performing stocks.

• So far, Njoy is delivering solid growth, although it still makes up a small part of the business.
• According to Musk, this technology could be worth $250 trillion by 2040.
• Overall, PM ranks first among the 10 Best Tobacco and Cigarette Stocks to Buy Now.
• Dive into the AI gold rush and watch your portfolio soar alongside the brightest minds of our generation.
• British American Tobacco (BAT) has also become a titan of the industry, fueled by its $49 billion acquisition of Reynolds American in 2017.

Today, I juggle improving Wisesheets and tending to my stock portfolio, which I like to think of as a garden of assets and dividends. My journey from a finance-loving teenager to a tech entrepreneur has been a thrilling ride, full of surprises and lessons. Greenlane stands as a premier global platform, revolutionizing the development and distribution of premium accessories, packaging, vape solutions, and lifestyle products. Since its founding in 2005, Greenlane has not only championed quality and compliance but has also emerged as a pivotal force in the cannabis and vaping sectors. P.S., if you’re looking to analyze these stocks like a pro, Wisesheets is your go-to.

BAT’s journey from a traditional tobacco company to embracing new nicotine delivery systems underscores its adaptability and commitment to meeting diverse consumer needs in a changing world. The following list is curated to give you a comprehensive view of the tobacco sector’s most promising players in 2024. From industry giants with a global footprint to emerging players in the « New Categories » segment, these stocks are poised to make a significant impact on portfolios. So, make sure you have the best stock apps downloaded on your phone to keep track. Enjoy a year of ad-free browsing, exclusive access to our in-depth report on the revolutionary AI company, and the upcoming issues of our Premium Readership Newsletter over the next 12 months.

Ispire Technology Inc. (NASDAQ: ISPR)

Tobacco stocks produce a lot of cash flow, but have very little capital expenditure needs, creating what could be considered perfect income stocks.

Instant access to stock financials, crypto data, FOREX, options, and more. That’s when my team and I created Wisesheets, a tool designed to automate the stock data gathering process, with the ultimate goal of helping anyone quickly find good investment opportunities. Vector Group’s journey from tobacco to real estate underscores its adaptability and vision, marking it as a unique entity in the corporate landscape. Vector Group Ltd. embodies diversification, with significant stakes in the tobacco and real estate sectors. Founded by Bennett S. LeBow in 1986, Vector has grown under the leadership of Howard Lorber, navigating the company through decades of transformation. Universal Corporation stands as a titan in the tobacco trading world, with its inception dating back to 1886.