Altria: A Comedy of Errors

One might expect, in such circumstances, a corresponding decline in the market’s estimation. Yet, observe the paradox! The share price, contrary to all logical expectation, has ascended since the dawn of this year. A most curious spectacle, indeed! The stock, valued at a modest price-to-earnings ratio of twelve, prompts a question: is this a treasure overlooked, or merely a gilded cage?







