Wells Fargo analyst Bonnie Herzog lines up (video) tobacco as an outperforming sector with global smoking rates on the rise. She calls out Philip Morris (PM +0.5%) as her top pick in the group on the strength of its profit potential in Indonesia, while companies such as MO, LO, RJR, and RAI continue to feature lush dividend payouts.
Wells Fargo analyst Bonnie Herzog lines up (video) tobacco as an outperforming sector with...
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