Though the broad market hasn’t managed to get there yet, tobacco stocks are at all-time highs right now. Maybe investors are scooping up the most defensive names they can because they’re worried about a bearish storm popping up … or perhaps investors are simply worried about a complete economic meltdown. Or, maybe cigarette makers are just darn good companies right now.
Whatever the case, one thing is certain — as is the case with any industry, not all of these companies are equally attractive opportunities. Here’s a run-down of the weakest to strongest names in tobacco out there at the moment.