The Globe and Mail

Go to the Globe and Mail homepage

Jump to main navigationJump to main content

A man holds a cigarette.
A man holds a cigarette.

Tobacco stocks: If you choose to invest, now is the time

It’s time to pick up smoking again. Relax, I’m talking about tobacco stocks here: They’re getting walloped, and that has tended to mark the best time to invest in these dividend-gushing pariahs.

Key North American names such as Lorillard Inc., Reynolds American Inc. and Altria Group Inc. have fallen about 10 per cent since mid-November, far outpacing the decline of the broader market.