Investors Lose a Major Justification for Holding Tobacco Stocks
Tobacco cigarettes are arranged for a photograph. (Photographer: Kiyoshi Ota/Bloomberg)

Investors Lose a Major Justification for Holding Tobacco Stocks

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(Bloomberg) -- It wasn’t so long ago that the stellar performance of tobacco stocks such as British American Tobacco Plc and Philip Morris International Inc. was enough justification for asset mana...
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