The 9 Biggest Tobacco Stocks: An Overview
The tobacco industry comprises companies that manufacture, distribute, and sell tobacco and related products. Despite the health risks and strong regulations associated with tobacco consumption, the industry’s leading companies continue to perform well in the market. In this article, we will discuss the nine biggest tobacco stocks that you should know.
1. Altria Group Inc. (MO)
Altria Group is one of the largest producers and marketers of tobacco products in the world. The company owns iconic brands such as Marlboro, Copenhagen, and Skoal. Altria also holds a significant stake in Anheuser-Busch InBev SA/NV (BUD) and a 45% stake in cannabis company Cronos Group Inc. (CRON).
2. British American Tobacco PLC (BTI)
With a global presence in more than 180 countries, British American Tobacco is among the largest multinational tobacco companies. The company boasts several popular cigarette brands like Dunhill, Lucky Strike, Kent, Pall Mall, and Rothmans.
3. Imperial Brands PLC (IMBBY)
Imperial Brands is another significant player in the tobacco industry operating in over 160 countries. Its primary brands include Davidoff, Gauloises Blondes, JPS, West, and Golden Virginia.
4. Japan Tobacco Inc. (JAPAF)
As one of the world’s leading international tobacco manufacturers, Japan Tobacco owns popular brands such as Winston, Camel, Mevius, LD, and Silk Cut.
5. Philip Morris International Inc. (PM)
Created from a spin-off from Altria Group back in 2008; Philip Morris International operates independently as an international manufacturer and marketer of tobacco products worldwide. Notable brands under their belt include Marlboro, L&M, Chesterfield, Parliament, and Bond Street.
6. Swedish Match AB (SWMAY)
Swedish Match produces a range of tobacco products, including snus, moist snuff, and chewing tobacco. It holds popular brands like General, Ettan, Grov, Göteborgs Rapé, ZYN, Longhorn, and White Owl cigars.
7. ITC Limited (ITC)
With a strong presence in the Indian market, ITC manufactures cigarettes as well as other FMCG products. Tobacco brands from ITC include Gold Flake, Navy Cut, Insignia and Wills among others.
8. Turning Point Brands Inc. (TPB)
Focused on the moist snuff and e-cigarette segments in the US, Turning Point Brands offers products like Stoker’s chew and Kodiak moist snuff, VaporBeast e-cigarettes, and Zig-Zag rolling papers.
9. Universal Corporation (UVV)
As one of the leading global leaf tobacco suppliers, Universal Corporation sources process and supply tobacco to cigarette manufacturers worldwide. They deal with nearly 30 different varieties of tobacco and hold a significant position in the industry due to their ability to supply raw material for the production of cigarettes.
In conclusion, these nine largest tobacco stocks dominate the market with their brands’ popularity and global presence. Each company has its unique strategies and offerings that cater to different segments of consumers. As an investor or consumer keeping an eye on this space is essential for understanding the market dynamics within this controversial yet thriving industry.