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.
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).
What do you think of the company? Plan on owning it or already do? or why not?
Image by Sira Anamwong at FreeDigitalPhotos.net