Actionable news
0
All posts from Actionable news
Actionable news in MO: ALTRIA GROUP Inc,

Why Altria (MO) Stock May Soon Light Up

NEW YORK (TheStreet) -- In this first chart, below, we can see the breakout to a new high and new all-time high for Dividend Stock Advisor holding Altria Group (MO - Get Report) .

MO pushed up to a new high after a seven-month consolidation/correction. The On-Balance-Volume line is positive and prices tested the 200-day moving average in September and now prices and the average themselves are both moving higher.

STOCKS TO BUY: TheStreet's Stocks Under $10 has identified a handful of stocks with serious upside potential. See them FREE for 14-days.

Trend followers can see MO has had a beautiful rally since 2009 with the OBV line and the 40-week moving average pointed up.

The breakout to new highs can be seen clearly here. Also note the $77 upside price projection for MO. We set $60 as our first interim price target.

Separately, TheStreet Ratings team rates ALTRIA GROUP INC as a Buy with a ratings score of B+. TheStreet Ratings Team has this to say about their recommendation:

We...


More