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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.

The top cigarette stocks included on this page all trade on the S&P 500, have an analyst recommendation of "Buy" or better and are sorted by year-to-date performance.

  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)

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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 $111.83 after a previous close of $111.44. The latest price was $113.20 (25-minute delay). Philip Morris International is listed on the NYSE, has a trailing 12-month revenue of around USD35.9 billion and employs 82,700 staff.

  • Market capitalization: $166,524,469,248
  • P/E ratio: 20.9219
  • PEG ratio: 1.9936

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2. Universal Corporation (UVV)

Universal Corporation engages in sourcing, processing, and supplying leaf tobacco and plant-based ingredients worldwide. It operates through two segments, Tobacco Operations, and Ingredients Operations. The Tobacco Operations segment is involved in procuring, processing, packing, storing, and shipping of flue-cured, burley, dark air-cured, and oriental leaf tobacco for manufacturers of consumer tobacco products, as well as provision of related services; providing specialty services, such as custom blending, chemical and physical testing of tobacco, service cutting, reconstituted leaf tobacco manufacturing, and just-in-time product delivery services; and liquid nicotine for tobacco products manufacturers, as well as recycled waste materials from tobacco production.

Universal Corporation stock opened the day at $52.76 after a previous close of $52.56. The latest price was $53.49 (25-minute delay). Universal Corporation is listed on the NYSE, has a trailing 12-month revenue of around USD$2.7 billion and employs 10,800 staff.

  • Market capitalization: $1,253,795,712
  • P/E ratio: 10.6402
  • 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 $49.73 after a previous close of $49.42. The latest price was $49.80 (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: $84,936,802,304
  • P/E ratio: 10.3452
  • PEG ratio: 6.3149

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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 $34.57 after a previous close of $33.38. The latest price was $34.73 (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: $73,574,522,880
  • 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 $12.22 after a previous close of $12.13. The latest price was $12.52 (25-minute delay). Vector Group is listed on the NYSE, has a trailing 12-month revenue of around USD$940.4 million and employs 551 staff.

  • Market capitalization: $1,865,415,296
  • P/E ratio: 10.2155
  • PEG ratio: 2.96

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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.

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Finder is not an advisor 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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