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Home / Markets / Stock Markets /  Rally in tobacco stocks could burn out fast

Rally in tobacco stocks could burn out fast

REUTERSPremium
REUTERS
wsj

  • A revaluation of cigarette companies probably has more to do with hedge-fund positioning than long-term investors’ conviction in their shift to smokeless products

Tobacco stocks are fashionable again, but investors’ taste for nicotine may not last.

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