Wells Fargo analyst Bonnie Herzog lines up (video) tobacco as an outperforming sector with...

|By:, SA News Editor

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.