Altria Group (MO) NewsBite - Smith Barney Adds MO to Top Picks List

Posted: Tuesday, February 24, 2009 1:18 PM EDT

Altria Group (NYSE: MO) opened at $15.13. So far today, the stock has hit a low of $15.00 and a high of $15.33. MO is now trading at $15.20, up $0.15 (1.00%). Over the last 52 weeks the stock has ranged from a low of $14.34 to a high of $75.80. MO shares are trading higher today after analysts at Smith Barney added the stock to the brokerage's Top Picks Live list. Technical indicators for the stock are bullish and S&P gives MO a positive 5 STARS (out of 5) strong buy ranking. If you are looking for a hedged play on MO the stock seems like it could be a candidate for a June out-of-the-money bull-put credit spread below the 13 range. [ABR-Seven Summits Strategic Investments NewsBite]

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