Altria (NYSE:MO) is the largest cigarette manufacturer in the United States. The stock is a popular due to its high dividend yield, and the company’s strong brands such as Marlboro and L&M. However, there are a number of inherent risks in the U.S. cigarette industry which Altria investors should be wary of. These include the declining market for cigarettes in the country, rising excise duties and the threat of increased and stricter regulation from the government against the industry.
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