Posts tagged: economic downturn

Cigarette Makers: Burning Hot or Up in Smoke?

Tweet Philip Morris International Inc. (PM), Reynolds American, Inc. (RAI), Lorillard Inc. (LO), and other cigarette makers may be seeing lower demand and increased government regulation, but their stocks have been among the most profitable and stable during the economic crisis. The cigarette industry has been remarkably robust throughout the global economic downturn – it turns out that smokers will cut just about everything but their smokes fr ... Jump to full article >>