LONDON, March 12, 2013 /PRNewswire/ --
While demand for consumer goods is generally stable even in challenging macroeconomic environment like the one experienced in 2012, tobacco companies such as Altria Group Inc. (NYSE: MO), Lorillard Inc. (NYSE: LO), Philip Morris International Inc. (NYSE: PM) and Reynolds American Inc. (NYSE: RAI) have been facing increasing margin pressure due to rising commodity costs. Several tobacco companies have announced cost-cutting measures to offset rising commodity costs. On Monday, consumer goods stocks ended mostly higher, tracking gains in the broad market. StockCall professionals have completed their technical analysis on MO, LO, PM, and RAI and these free reports are accessible by registering at
http://www.stockcall.com/research
Shares of Altria Group Inc. rose in Monday's trading session, closing 0.76% higher at $34.26 on above average volume of 37.70 million. The cigarette maker's shares are currently trading close to their 52-week high of $34.30. Year-to-date, the stock has gained more than 10%, outperforming the broad market. Altria currently has a dividend yield of 5.14%. The stock trades on a P/E multiple of 16.63. Its shares recently fell sharply after failing to break through $35.50 resistance level. The stock rebounded after finding support at around $33.50. Recent volume activity suggests that market sentiment has turned bullish on the stock. Sign up for the free technical research on MO at
http://www.StockCall.com/MO031213.pdf
Shares of Lorillard Inc. slipped in Monday's trading session. The stock closed 0.54% lower at $38.41 on volume of 2.67 million. Lorillard's shares have struggled so far this year. Year-to-date, the stock has fallen 0.1%, even as the broad market gained more than 9%. The company's shares currently trade on a P/E multiple of 13.67 and have a dividend yield of 5.73%. Its shares fell sharply last month after failing to break through $42 resistance level. The stock has found support at around $38. It is currently trading below its 50-day and 200-day moving averages. The stock's MACD is also trading below the signal line and the zero-line. Be sure to read our latest technical research on LO by registering at
http://www.StockCall.com/LO031213.pdf
Shares of Phillip Morris International Inc. edged higher on Monday; however, the gains were limited. The stock closed 0.11% higher at $91.21 on volume of 3.25 million. The cigarette giant's shares have had an excellent run so far this year, gaining more than 9%. The stock currently has a dividend yield of 3.73%. Phillip Morris shares are currently facing stiff resistance at around $93. The stock has support at around $91. It is currently trading well above its 50-day and 200-day moving averages. Sign up and read the complimentary report on PM at
http://www.StockCall.com/PM031213.pdf
Shares of Reynolds American Inc. also edged higher in Monday's trading session. The stock closed 0.63% higher at $43.39 on volume of 1.89 million. Year-to-date, the stock has gained nearly 6%. The company's shares are currently trading close to $44 resistance level. The stock is trading above its 50-day and 200-day moving averages, which is a bullish signal. Reynolds American's shares have a 52-week high of $46.93. The stock currently has a dividend yield of 5.44%, and it has a P/E multiple of 19.37. The free report on RAI can be downloaded by signing up now at
http://www.StockCall.com/RAI031213.pdf
About StockCall.com
StockCall.com is a financial website where investors can have easy, precise and comprehensive research and opinions on stocks making the headlines. Sign up today to talk to our financial analyst at
http://www.stockcall.com
SOURCE StockCall.com