Minyanville.com - Investors Shouldn't Quit Altria

Altria (NYSE:MO) - I can’t believe this stock is trading at right around $17 - 10 times below the current-year estimate. And check out its dividend history. People act like people will never light up again.

Folks, wake up! We’ve all heard the Surgeon General’s warning, and we all know about the lawsuits, and the taxes, and the social judgment. But I don’t see the habit getting snuffed out anytime soon. Venture outside just about any office building, and you're bound to see a flock of loyals lighting up with a vengeance regardless of rain, sleet or snow - they brave the elements better than the mailman. And 100 years from now, long after you and I have departed this earth, I’m willing to bet dollars to doughnuts that people will still be bumming a light.

Long story short, I think the shares are undervalued and the stock deserves a heck of a lot more attention then it’s getting.

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SOURCE: http://www.minyanville.com/articles/index/a/21669