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.
I may not have ever smoked, but I spent some time yesterday evening pouring over glossy photos of cigarette packets – that is old school cigarette packets with their bold colours and snazzy lettering and not the modern day equivalents with cancer warnings and photos of diseased body parts. Ok, I know some readers really do not want to read about tobacco companies but given that it is not illegal, you always have to respect personal choice and – yes, helped by addiction – they offer a pricing power scope (offsetting declining developed market sales) which has supported some wonderful total returns for investors over the last decade or so. I see Neil Woodford has included a number of sector names in his top holdings for his new venture.
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