Thursday, May 19, 2011

Lorillard: A Cash Cow With Growth

Jim Van Meerten submits:

All you tree huggers, vegans, health nuts and wackos, take your best shot. I live in the Carolinas and want to bring an investment opportunity to your attention. This morning I was screening on Barchart for the S&P 500 stocks that were hitting the most frequent new highs in the last month, and Lorillard (LO) floated to the top. I know cream rises to the top and something else floats and sometimes you can't tell the difference. This stock's steady and current dividend of 5.30% and 18 new highs in the last month cannot be ignored. The momentum is there.

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Lorillard is the third largest manufacturer of cigarettes in the United States. Lorillard is the oldest continuously operating tobacco company in the U.S. Newport, Lorillard's flagship brand, is a menthol-flavored premium cigarette brand and the top selling menthol and second largest selling cigarette in the U.S. In

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