Filling the last slot: MO
How’s this one for a brand-name blue chip: Altria (MO)? Jim said on Mad Money last night that not only is Altria “dirt cheap,” it is going to break itself up into three companies, which is when the company’s “real value will be unlocked.”
We’ll buy 130 shares at $83.53 today. It has been as high as $85.55 recently, so I am kinda confused as to why Jim thinks it is dirt cheap, but we’ll soon see won’t we?
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