UBS tells investors to "stay the course" with select tobacco stocks, based on a favorable...
Thursday, January 5, 2012, 3:03 PM ETUBS tells investors to "stay the course" with select tobacco stocks, based on a favorable climate for the sector. Analyst Nik Modi picks out Altria (MO +1.3%) as "our #1 pick" on the strength of its cheap valuation and an expected stabilization of the Marlboro brand. Just a notch below, he lines up Lorillard (LO +0.7%) as the "best fundamental story," although he cautions investors to wait out an FDA decision on menthol science before buying.
Latest Investing Ideas