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5 top tobacco stocks to buy in 2024

Ready to invest in the cigarette industry? Learn how to invest in tobacco stocks in just a few steps.

The best tobacco stocks depend on your portfolio and investment goals — while volatility can be ideal for day traders, long-term investors will want to look to stocks with steadier gains over time.

5 popular tobacco stocks picks to buy in 2024

We round up a selection of stocks in or related to the cigarette industry, weighting the list more heavily towards popular mid- and large-cap US stocks.

  1. Philip Morris International (PM)
  2. Universal Corporation (UVV)
  3. Altria Group (MO)
  4. British American Tobacco p-l-c (BTI)
  5. Vector Group (VGR)

Compare premium accounts that help you research stocks

The tobacco stocks industry is affected by a range of complex factors such as trade policies, regulations, and fluctuating supply and demand. So when considering tobacco stocks to buy, it's important that you have access to vital information about a company's financial health, leadership team, and market positioning.

Our picks for platforms with research tools

Moby Premium

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  • Services: Analyst stock picks & research
  • Fees: $99.96/first full year for new members
  • Features: 3 new stock picks a week, daily newsletter, lessons, video reports

Robinhood Gold

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  • Earn 5% interest on uninvested cash
  • Get up to $50,000 in instant deposits
  • Easy, user-friendly trading

Public.com Premium

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Easy access to diverse assets
  • Trade stocks, bonds, options, ETFs, crypto, Treasurys, collectibles, royalties
  • Earn 5.1% APY on your cash
  • Earn a $0.18 rebate on options, with no commissions and no per-contract fees

How to invest in tobacco stocks

  1. Choose an online stock trading platform. Choose from our Top Picks above, use our comparison table below or jump straight to the best stock trading apps of 2024.
  2. Sign up for an account. Provide your personal information and sign up.
  3. Set up a funding method to pay for the transaction. Deposit funds into your account by linking your banking information.
  4. Choose the stocks you want to buy. Search for the stock by name or ticker symbol like PM or UVV.
  5. Place your order. Buy the stock. It's that simple.

Take a deeper dive into tobacco stocks

If you're interested in investing in the cigarette industry, take a closer look at what companies in this industry do and how the stocks have historically performed. Keep in mind that positive past performance doesn't guarantee that a stock will continue to rise in the future.

1. Philip Morris International (PM)

Philip Morris International Inc. operates as a tobacco company working to delivers a smoke-free future and evolving portfolio for the long-term to include products outside of the tobacco and nicotine sector. The company's product portfolio primarily consists of cigarettes and smoke-free products, including heat-not-burn, vapor, and oral nicotine products primarily under the IQOS and ZYN brands; and consumer accessories, such as lighters and matches.

Philip Morris International stock opened the day at $89.89 after a previous close of $89.50. The latest price was $90.58 (25-minute delay). Philip Morris International is listed on the NYSE, has a trailing 12-month revenue of around USD35.2 billion and employs 82,700 staff.

  • Market capitalization: $138,836,508,672
  • P/E ratio: 17.8147
  • PEG ratio: 2.0066

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2. Universal Corporation (UVV)

Universal Corporation processes and supplies leaf tobacco and plant-based ingredients worldwide. The company operates through two segments, Tobacco Operations; and Ingredients Operations. It is involved in the procuring, financing, processing, packing, storing, and shipping leaf tobacco for sale to manufacturers of consumer tobacco products.

Universal Corporation stock opened the day at $49.91 after a previous close of $49.54. The latest price was $49.36 (25-minute delay). Universal Corporation is listed on the NYSE, has a trailing 12-month revenue of around USD$2.7 billion and employs 11,200 staff.

  • Market capitalization: $1,205,315,456
  • P/E ratio: 9.2199
  • PEG ratio: 0

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3. Altria Group (MO)

Altria Group, Inc. , through its subsidiaries, manufactures and sells smokeable and oral tobacco products in the United States. The company offers cigarettes primarily under the Marlboro brand; large cigars and pipe tobacco under the Black & Mild brand; moist smokeless tobacco and snus products under the Copenhagen, Skoal, Red Seal, and Husky brands; oral nicotine pouches under the on! brand; and e-vapor products under the NJOY ACE brand.

Altria Group stock opened the day at $41.01 after a previous close of $40.75. The latest price was $41.10 (25-minute delay). Altria Group is listed on the NYSE, has a trailing 12-month revenue of around USD$20.5 billion and employs 6,400 staff.

  • Market capitalization: $71,590,813,696
  • P/E ratio: 9.1204
  • PEG ratio: 6.5965

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4. British American Tobacco p-l-c (BTI)

British American Tobacco p. l. c. engages in the provision of tobacco and nicotine products to consumers worldwide.

British American Tobacco p-l-c stock opened the day at $28.48 after a previous close of $28.38. The latest price was $28.59 (25-minute delay). British American Tobacco p-l-c is listed on the NYSE, has a trailing 12-month revenue of around USD$27.3 billion and employs 46,725 staff.

  • Market capitalization: $65,020,751,872
  • PEG ratio: 3.149

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5. Vector Group (VGR)

Vector Group Ltd. , through its subsidiaries, engages in the manufacture and sale of cigarettes in the United States. It operates in two segments, Tobacco and Real Estate.

Vector Group stock opened the day at $10.10 after a previous close of $10.02. The latest price was $9.99 (25-minute delay). Vector Group is listed on the NYSE, has a trailing 12-month revenue of around USD$938 million and employs 551 staff.

  • Market capitalization: $1,565,792,256
  • P/E ratio: 8.5603
  • PEG ratio: 2.96

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Compare more stock trading platforms to invest in tobacco stocks

Compare online trading platforms by fees, asset types and bonuses to find the best for your investment in tobacco stocks.
1 - 6 of 6
Name Product Ratings Available asset types Minimum deposit Stock trade fee Cash sweep APY Signup bonus
SoFi Invest®
Finder Score: 4.1 / 5: ★★★★★
SoFi Invest®
★★★★★
Stocks, Mutual funds, ETFs, Alternatives
$0
$0
Get up to $1,000 in stock
when you fund a new Active Invest account
Tastytrade
Finder Score: 4.6 / 5: ★★★★★
Tastytrade
★★★★★
Stocks, Options, ETFs, Cryptocurrency, Futures, Treasury Bills
$0
$0
N/A
Get $100-$5,000
when you open and fund an account with $5,000 to $1,000,000+
Highly commended for Best Derivatives Trading Platform award.
Public.com
Finder Score: 4.1 / 5: ★★★★★
Public.com
★★★★★
Stocks, ETFs, Cryptocurrency, Art, Treasury Bills, Collectibles
$0
$0
5.1%
N/A
2.5% fee applies to all alternative asset transactions.
Robinhood Gold
Not rated yet
Robinhood Gold
Stocks, Options, ETFs, Cryptocurrency
$0
$0
5%
N/A
Try Robinhood Gold for 30 days risk-free upon signup and earn a 5% APY on your uninvested cash, a 3% match on IRA contributions, up to $50,000 in instant deposits and more. Accounts are auto-downgraded after the trial period.
Moomoo
Finder Score: 4.7 / 5: ★★★★★
Exclusive
Moomoo
★★★★★
Stocks, Options, ETFs
$0
$0
5.10%
Choose a 1.5% match or 7 free fractional shares
when you open a new account and meet funding requirements
No commission stock and ETF trading, with a chance to get a 1.5% cash reward match or 7 free fractional shares.
Robinhood
Finder Score: 4.3 / 5: ★★★★★
Robinhood
★★★★★
Stocks, Options, ETFs, Cryptocurrency
$0
$0
1.5%, or 5% with Robinhood Gold
Get a free stock
when you successfully sign up and link your bank account.
Try Robinhood Gold for 30 days risk-free upon signup and earn a 5% APY on your uninvested cash, a 3% match on IRA contributions, up to $50,000 in instant deposits and more. Accounts are auto-downgraded after the trial period.
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Bottom line

While it’s possible to turn a profit investing in tobacco stocks, keep in mind that — like any investment — tobacco stocks are not immune to risk. These stocks are subject to fluctuating conditions — both in the market and in the cigarette industry, so carefully vet your picks before you invest. And if you’re new to investing, or if it’s been awhile since you’ve taken a critical look at your investing accounts, compare brokers to make sure you’re getting the best features in your trading account.

Paid non-client promotion. Finder does not invest money with providers on this page. If a brand is a referral partner, we're paid when you click or tap through to, open an account with or provide your contact information to the provider. Partnerships are not a recommendation for you to invest with any one company. Learn more about how we make money.

Finder is not an adviser or brokerage service. Information on this page is for educational purposes only and not a recommendation to invest with any one company, trade specific stocks or fund specific investments. All editorial opinions are our own.

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