1.49k followers • 15 symbols Watchlist by Yahoo Finance
This basket consists of stocks that serve the 18+ crowd, such as casinos, alcohol, tobacco, and strip clubs.
Beer giant MillerCoors is suing beer giant Anheuser-Busch over a series of Bud Light ads that ran during this year’s Super Bowl.
Last year was all strike and no lucky for traditional cigarette makers, and vaping was the major culprit: E-cigarettes may not be terribly helpful when it comes to quitting tobacco, but they are taking greater and greater market share. Juul Labs, which Altria invested in late last year, has prevailed in the U.S. while a rival product from (PM) (PM) languishes without government approval. In fact, “Juul could ultimately be the Marlboro of e-vapor,” she writes, while its international runway looks robust thanks to a strong pipeline of new products.
The ongoing wave of cannabis legalization is good for pot companies, but the trend could be a downer for alcohol stocks, warns DataTrek.
Biogen lost more than a quarter of its value after discontinuing trials on an Alzheimer’s drug. One analyst compared the drop to the time Philip Morris tumbled more than 20%.
The Zacks Analyst Blog Highlights: Las Vegas Sands, Phillips 66, AstraZeneca, Hilton and AutoZone
The Zacks Analyst Blog Highlights: Atlantic Capital, Murphy Oil, SkyWest, Hilton Worldwide and RCI Hospitality
Financial & energy sectors have yielded a staggering return of around 20% over the past 11 spring seasons, while the S&P 500 managed average gain of around 5%.
The Zacks Analyst Blog Highlights: Deutsche Telekom, Fortescue, General Mills, Philip Morris and Southern
BAT, Philip Morris International Inc. and a local unit of Japan Tobacco Inc. are defendants in lawsuits by Canada’s 10 provinces that want to recoup health-care costs linked to the effects of smoking, a move reminiscent of the U.S. in the 1990s. The first of these cases, some of which date back almost two decades, is scheduled to come to trial this year.
Stocks of the two beverage companies rise on news that their in-home bartending machine will be available in several states later this year.