Recent Buy: Altria Group, Inc. (MO)

ID-100426334 Recent Buy: Altria Group, Inc. (MO)

I opened a new position with the purchase of  Altria Group Inc. (MO)

29 shares @ $48.89 on 12/31/2018.

This increases my forward 12-month dividend income by $92.80 to a total of $7,403.80

I also updated my portfolio page to reflect the change.

My Thoughts

December was a busy month for me in the tobacco sector. I purchase BTI on the 15th of the month. I later buy Altria Group at the end of the month to finish off the year on a high note.

With all the volatility we saw in the stock market towards the end of December, I was very excited to be able to buy more shares of this company.

I find MO to be undervalued, and I recommend it as a BUY at this time. I have a fair value price at $70.67. This means that MO is 49.7% Undervalued based on today’s price of $47.20 (1/16/2019).

Altria-Group-Stock Recent Buy: Altria Group, Inc. (MO)

Source: Fastgraphs.com

What do you think of the company? Plan on owning it or already do? or why not?

Thanks for reading, and don’t forget to connect with me through Facebook and Twitterto see my latest buys.

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