LONDON, April 10, 2013 /PRNewswire/ --
Positive start of the latest earnings season provided fillip to the market and the major indices closed in green territory. The Dow Jones Index closed at an all time high of 14,673.46. The markets shrugged off last week's losses and continued the trend established in Monday's trading session. In light if this, our research team studied cigarette stocks and major companies like Altria Group Inc. (NYSE: MO), Philip Morris International Inc. (NYSE: PM), Lorillard Inc. (NYSE: LO) and Reynolds American Inc. (NYSE: RAI). StockCall analysts initiated preliminary technical research on MO, PM, LO, and RAI. These free reports are accessible by signing today at
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Altria Group Inc. traded in the range of $35.26 and $35.61 in its latest trading session. Its volume stood at 8.72 million shares, down from its average daily volume of 12.35 million. Altria Group closed the session at $35.48, up 0.62 percent. The stock is currently trading marginally below its short-term moving average price of $35.49. In the coming sessions, Altria is expected to go as high as $35.95, while its first support level is at $35.44. The stock trades at Price/Earnings ratio of 17.22, which is in-line with industry average. It has appreciated 14.12 percent on a YTD basis. The free technical analysis on MO is available by signing up at
http://www.StockCall.com/MO041013.pdf
Philip Morris International Inc. closed Tuesday's trading session at $94.54, up 0.11 percent from its previous close. The stock shows a bullish trend but currently is in overbought territory with Relative Strength Index of 65.90. It is likely to face a mild pullback in the coming trading sessions and may find support at $94.07. Upon breaching this level, it may go down to $93.75 level. Philip Morris traded 3.23 million shares during the session, and the stock oscillated in the range of $94.06 and $95.10. It has appreciated 6.66 percent in the past 52 weeks. The company commands market capitalization of $155.25 billion. Register now to download the free research on PM at
http://www.StockCall.com/PM041013.pdf
Lorillard Inc. made an upward movement with 0.22 percent gain in its latest trading session. The company's stock ended at $41.25 and its highest price point for the session stood at $41.40. In the past 12 months, the stock has declined 9.32 percent while its YTD gain stands at 7.28 percent. Lorillard trades at beta of 0.42, which implies low volatility. It traded 5.27 million shares during the session, in comparison to its regular daily volume of 4.02 million shares. The stock is currently in a bullish mode, and it is likely to touch $42.76. Free report on LO can be accessed by registering at
http://www.StockCall.com/LO041013.pdf
Reynolds American Inc. extended its 52 weeks gain to 8.13 percent by closing its previous trading session 1.81 percent higher. The stock closed at $45.49, with trading volume of 2.61 million shares. It is up 10.98 percent on a YTD basis. Reynolds American is currently in a bullish mode and is expected to go up to $45.85 in the coming trading sessions. Its next resistance level is at $46.09. On the downside, it is expected to face its first support level at $45.01. The company traded in the range of $39.45 and $46.93 in the past 52 weeks. Register with StockCall and download the research on RAI for free at
http://www.StockCall.com/RAI041013.pdf
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