Jim Cramer on Altria: “I Won’t Recommend It Personally, But I Can’t Fight It”

Altria Group, Inc. (NYSE:MO) is one of the stocks Jim Cramer was asked about. A caller sought Cramer’s thoughts on the stock during the lightning round, and he commented:

“Okay, I can, you know, I don’t recommend tobacco stocks, but I did as preparation, when I went, did my work for what stocks have been the best over the long term in How to Make Money in Any Market, I was shocked to indeed see that the best is Altria, Philip Morris. I can’t fight it. I can’t fight the returns. I won’t recommend it personally, but I can’t fight it.”

Stock market data showing an upward trajectory. Photo by Burak The Weekender on Pexels

Altria Group, Inc. makes and sells tobacco and nicotine products, including cigarettes, cigars, smokeless tobacco, nicotine pouches, and e-vapor products. A caller inquired about the stock during the June 5 episode, and Cramer replied:

“Alright, but here’s, okay, so I’m going to give you two answers to this because I’ve been trying to change my mind about some things…. I personally would not own Altria. Why? Because I don’t like what they do. Is it a superior stock better than most? The answer is, as I was writing How to Make Money in Any Market, the answer is yes. So you’ve got two answers. It’s up to you. I couldn’t own it for my trust. I couldn’t live with myself.”

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This article is originally published at Insider Monkey.