For the investors on the forum....sin stocks?

[1carcrazyguy]

With all the “bad news” coming out daily about vaping. The tobacco stocks are looking pretty beaten up. So, what do think the next 5-10 years looks like for the tobacco and vape companies? Years and years ago people said cigarette companies were on the brink of collapse. We all know that didn’t happen. I am not a smoker and I don’t vape. With that said, I certainly don’t see the current customer base stopping either form of these. So what are your thoughts on the industry?

[Ruffdaddy]

The main players will benefit quite a bit from this. Regulation will give them a big advantage and firm footing because they can find the process to be an approved product.

[Broncojohnny]

You can’t have a conversation about holding out for the long term without talking about the level of debt that these companies have.

[jw33]

CSHD all day/era day.

[1carcrazyguy]

You can’t have a conversation about holding out for the long term without talking about the level of debt that these companies have.

Looks like about 26 billion in debt with 5.8 billion in earnings last quarter? Is that correct?

[John -- '02 HAWK]

You can’t have a conversation about holding out for the long term without talking about the level of debt that these companies have.

What about the the emerging pot market?

[LS1Goat]

Vaping is getting a lot of bad press. Not surprising, as it rather stupid if you think about it. You are inhaling nicotine infused water vapor. You can see how this can cause problems. This old school thing called common sense......

However, Tobacco isn't going away. The recent bad press wouldn't affect my investing. It's a 35 Billion dollar business. If they can afford 9 Billion in advertising, you know they are making bank.

I have a different or what would be seen in certain circles as an unpopular view. These people run a business. They offer a product that has been around for god knows how long. You can't point fingers if and when you get sick at the supplier of the drug you choose to imbibe. It's individual choice. You stand on your own two feet and make a decision to use a substance that has the potential to make you sick.

I'm a Skoal guy. If something happens. It's on me. Not the folks in Nashville, TN. Nobody is shoving this shit down your throat. It's you. And you're a pussy if you think otherwise.

[jewozzy]

I had a very large percent of my portfolio in both MO and PM. I just cashed MO in and moved it on to something else. The timing was probably bad but overall I didn't take too bad of a beating. I think that industry isn't going to be viable if there are many more FDA regulations on vaping. Internationally though there may be a good market still which is the reason I held on to PM.

[Broncojohnny]

Looks like about 26 billion in debt with 5.8 billion in earnings last quarter? Is that correct?

Which company?

If you guys want a sector that is completely oversold due to hype, get some energy shares. Most of those companies are trading like oil is at $20 a barrel.

[Sgt Beavis]

What about the the emerging pot market?

That is a big risk until weed is legalized at the federal level.


However, there was a new banking bill that passed the House today. That bill lets marijuana business have access to the banking industry. That may provide a bit of boost. I last read that there was enough support in the Senate to pass it.


IMO if Cannabis is ever legalized, at the federal level, in the US, the stocks will explode.

[1carcrazyguy]

Which company?

If you guys want a sector that is completely oversold due to hype, get some energy shares. Most of those companies are trading like oil is at $20 a barrel.

MO (Altria)

For future reference, the price was $39 yesterday when this thread was started. 40.70 right now.

[jewozzy]

MO (Altria)

For future reference, the price was $39 yesterday when this thread was started. 40.70 right now.

Are you for or against MO. If you're getting in now it may not be too bad of an investment if you like dividends but I think if you're looking long term its a bad idea until there is more clarity on JUUL and the vape market.

[slow99]

MO (Altria)

For future reference, the price was $39 yesterday when this thread was started. 40.70 right now.

Just took a quick look. Looks like $77 Bln market cap and about $27 Bln net debt. My guess (and consistent with an analyst report I pulled up) is that it trades on P/E. Q3'19 revenue estimate is $5.3 Bln and Q3'19 net income estimate is $2.1 Bln. Trading at about a 10x trailing P/E right now, below its 5 year average.

[jewozzy]

Just took a quick look. Looks like $77 Bln market cap and about $27 Bln net debt. My guess (and consistent with an analyst report I pulled up) is that it trades on P/E. Q3'19 revenue estimate is $5.3 Bln and Q3'19 net income estimate is $2.1 Bln. Trading at about a 10x trailing P/E right now, below its 5 year average.

[fordracing19]

CSHD all day/era day.

I am still waiting for my money from Rufus

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