Outlook For Flavored Tobacco Looks Sweet

(Forbes) ... I’m recommending purchase of cigarette maker, Lorillard (LO). The stock has been beaten-up recently on the news that the FDA was considering banning or restricting the sale of menthol cigarettes. Newport, a menthol brand, accounts for 92% of Lorillard’s revenues. An outright ban on menthol would devastate the company.
In my opinion, this will never happen. Continued