Tobacco stocks before quarterly figures: Analysts recommend buying

Tobacco stocks before quarterly figures: Analysts recommend buying

Analysts from various research houses recommend buying tobacco stocks immediately before the quarterly figures because the risk-reward ratio is considered attractive. As the US quarterly season reaches its climax this week, more than 500 companies will report earnings reports, including Philips Morris and Altria, two tobacco and dividend stocks. These companies will report their quarterly results on Tuesday and Thursday, respectively. Ahead of the quarterly earnings release, both Goldman Sachs and Jefferies confirmed their buy ratings on these stocks. These stocks are expected to attract increased attention in the coming days.