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Tag: Altria Group Stock

  • Three Top Consumer Stocks for long-term Investment

    Three Top Consumer Stocks for long-term Investment

    Let’s see the best possible investment options in the consumer market during the pandemic crisis.

    The consumer market has been a bit shaky in most of the sectors due to uneconomical circumstances amid the COVID-19 pandemic. Still, many of the consumer stocks have performed remarkably well.

    Among the consumer stocks, there are two most prominent segments including consumer discretionary business and consumer staples. Both of these consumer segments have their pros and cons.

    As we move ahead into 2021, investors would be keen on what stocks they’re putting in their shopping carts. Consumer stocks are usually slow growth stocks and investors with the Buffet mindset are the perfect match for the long-term investment—in consumer stocks. So, let’s have a look at the three top consumer stocks for investment in the long-term.

    Qurate Retail (QRTEA)

    Qurate Retail (QRTEA) is an e-commerce service provider. The company partners with TV networks and e-commerce sites, mobile applications, social media, and similar outlets to provide video and digital commerce services worldwide.

    In the last quarterly reports, the company came up with strong and promising results. Qurate generated net retail revenue of $3.4 billion, jumping by 10% year-over-year. While the online sales grew 15% to $2.1 billion, which were almost 62% of the total revenue. The diluted earnings were $0.80per share.

    Moreover, the company delivered special dividends to its shareholders. The cash dividend of $1.50 per share was distributed on Sep. 14, 2020. Qurate also issued the newly preferred stock dividend of $3.00 per share. Following that, the company’s QVC has issued$500 million of 4.375% senior notes due 2028, and the proceeds will be used to tender for outstanding $500 million 5.125% senior notes due 2022.

    Looking into the long-term, Qurate Retail (QRTEA) can be a solid bet. The company will be taking part in the Morgan Stanley Technology, Media, and Telecom Conference on Monday, March 1st. So, keep an eye on that event, there might be some exciting news coming.

    Altria Group (MO)

    One of the largest producers and markers of tobacco, Altria Group (MO) is one of the promising long-term bets in the consumer segment. For this year, the company has plans of investment to expand the availability and awareness of Altria’s non-combustible products.

    Based on different investments in 2021, the company has updated the outlook for this year. The company has reaffirmed its full-year guidance and expects the adjusted diluted earnings to be between $4.49 to $4.62 per share, which means a growth of 3% to 6% compared to that in 2020. Altria Group (MO) is working on some key projects and anticipates 2021 to be a good year. So, MO is one of the potential investment options from the consumer segment.

    General Mills (GIS)

    General Mills (GIS) is well-positioned to move forward and has some solid plans to make things look good for the company.

    During the first fiscal quarter of 2021, the demand for at-home food was on a rise. The company expects the demand to increase in the current and upcoming quarters, as the situations unfold. The CFO of General Mills, Kofi Bruce on Yahoo Finance Live told they are expecting high demand for the next quarter. He stated:

    “We are continuing to make investments in capabilities that will help us when we come out on the other side of COVID. So higher operating costs, but offset by higher leverage as we’re getting a lot more operating leverage out of our assets. We certainly feel confident that demand will remain elevated for at least the next quarter.”

    General Mills (GIS) has been one of the top-performing stocks in 2020 and seems to continue the bullish run this year.

  • The Top 3 Consumer Staples Stocks to Watch For in 2021

    The Top 3 Consumer Staples Stocks to Watch For in 2021

    The environment is challenging but there are some consumer staple firms with an upper hand in the market.

    The consumer staples firms are the basic necessity product makers or more likely which consumers use on daily basis. Though pandemic has impacted consumer staples companies, you rely on their products every single day.

    Consumer staples include daily life essentials such as food and beverages, cosmetics, cleaning, and personal hygiene products, tobacco, alcohol, and other daily use items. In the later period of 2020, the stock market made a promising recovery—reflecting a better and retrieval time for companies, this year.

    There are some well-positioned stocks in the market regardless of the unprecedented economic conditions. Moreover, the Biden government is expected to make changes that will take some burden off the economy. So, let’s have a look at consumer staples stocks to watch for in 2021.

    Procter & Gamble (PG)

    Procter & Gamble (PG) is one of the most decorated multinational consumer goods corporations. In tough COVID circumstances, the company kept on running its business with smoothness.

    In the recent earnings report, the CFO of Jon Moeller highlighted that they continued the strong momentum in Q4 2020, which PG has created over the past few years—top line, bottom line, and cash. The company reported strong sales, increasing profit, and cash flow.

    P&G kept up the good results despite the slowing of the demand from the lockdowns. The organic sales soared over 12% year-over-year in the US. The company ended the quarter on a high note, mainly due to the rising demand for home cleaning and maintenance products.

    Furthermore, Procter & Gamble (PG) stock has a big edge, with its dividend delivery. The company will issue a $0.79 per share quarterly dividend in Feb., making it’s the 131st consecutive year of paying dividends in 2021.

    Altria Group (MO)

    After a bumpy ride in 2020, Altria (MO) is well-positioned to have a decent run in 2020. Thanks to its strategic investments in key growth markets. Altria is a tobacco company that is behind some of the famous brands including Marlboro cigarettes, Black & Mild cigars, Copenhagen, and Skoal chewing tobacco.

    Recently, the company posted promising Q4 results—stronger quarterly sales. The quarterly net revenues soared 4.9% year-on-year to $6.3 billion, surpassing analysts’ estimates of $5 billion. While the revenues for the full-year 2020 jumped by 4.2% to $26.1 billion.

    Whereas, the full-year earnings grew to $2.40 per share. Upon the recent earnings report, analysts have given the forecast for the fiscal year 2021. The company is projected to record revenues up to $21.2 billion, while the statutory earnings per share are forecasted to jump 91% to $4.59. So, Altria Group (MO) is well-established to continue a strong quarterly performance this year—ultimately driving the stock.

    Clorox (CLX)

    The Clorox Company (CLX) is the US-based producer and marker of consumer products. Recently, CLX stock has been on the downward side, but it has rallied well in the last year amid the pandemic crisis.

    The company is scheduled to report its Q2 FY21 outcomes on February 4. Clorox expects strong growth and an increase in revenue and earnings in Q2. As per the Zacks Consensus estimate, the consumer product manufacturer is set to touch earnings of $1.69 per share. This will be almost a 15.8% rise from a year ago. While the revenues are anticipated to grow by 21.8% year-over-year to $1.76 billion.

    So, The Clorox Company (CLX) is set to pump is the earnings report gains the investors’ attention. Overall, CLX stock has a long-term potential with strong quarterly performances during the past year.