5 Best Affordable Stocks To Buy Now

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In this article, we discuss the 5 best affordable stocks to buy now. If you want to see skip our analysis of these stocks, go directly to the 15 Best Affordable Stocks To Buy Now.

5. Altria Group, Inc. (NYSE:MO)

Share Price as of December 17: $46.56

Number of Hedge Fund Holders: 47

Altria Group, Inc. (NYSE:MO) is an American corporation and one of the world’s largest producers and marketers of tobacco, cigarettes, and related products. It operates worldwide and is headquartered in Henrico County, Virginia.

On October 27, 2022, Altria Group, Inc. (NYSE:MO) announced its result for the third quarter of 2022. The company’s revenue during the quarter was recorded at $5.4 billion, a decrease of 2.1% on a year-over-year basis, while its normalized EPS came in at $1.28.

According to Insider Monkey’s database, 47 hedge funds had stakes in Altria Group, Inc. (NYSE:MO) at the end of the September quarter with shares valued at approximately $1.53 billion. Arrowstreet Capital remained the leading stakeholder of the company at the end of the third quarter.

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