Disclosure: I own shares in one or more of the stocks mentioned. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Regular readers will know that I never have smoked or vaped and never will in the future. It is not my bag but if people want to buy the range of products offered by Imperial Brands (IMB), British American Tobacco (BATS) and the few other global corporate peers that exist out there (all of which are highly taxed by governments around the world), that is absolutely fine by me based on my belief in a freedom of choice. As for health and safety and common-sense, if you want to ban tobacco and related stocks then I guess you should do the same for alcohol and gambling and a bunch of pharmaceuticals. Anyhow, my view has been that Imperial Brands has been a must-have for your pension fund for a couple of years now. And so it has been pleasing to see a 20% share price rise this year (despite all the overall global market angst) and a 4% share price rise today.
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