3 Tobacco Stocks to Ignite Gains in December

[Investing Insights Daily]( December 5th, 2023 [3 Tobacco Stocks to Ignite Gains in December]( Amid several headwinds, like heightened health consciousness among individuals, stringent government regulations, and higher taxation, tobacco usage has declined over the years. However, tobacco firms have responded by introducing low-risk alternatives with potential promise for the industry owing to their broad acceptance. Given this backdrop, fundamentally strong tobacco stocks Imperial Brands PLC ([IMBBY]( – [Get Rating]( Universal Corporation ([UVV]( – [Get Rating]( and Japan Tobacco Inc. ([JAPAY]( – [Get Rating]( could be solid buys this month. The detrimental health impacts of smoking, which encompass a broad range from Cancer to chronic obstructive pulmonary disease (COPD) such as emphysema, are no secret. Despite this, the gripping, addictive properties of nicotine lead many to persist with their smoking habits, even with the full understanding of these risks. Despite the [rigorous regulations]( imposed by numerous countries to clamp down on tobacco consumption, the tobacco industry maintains its relentless expansion. Persistently high rates of smoking and consistent demand for tobacco products underpin the growth of this industry. A staggering [28 million American adults]( are cigarette smokers. Over a little more than a decade, there has been an increase in the frequency of [habitual smokers among senior citizens]( rising from 8.7% to 9.4%. Moreover, in response to the obstacles faced, the tobacco corporations are intensifying their efforts to tackle the issues by championing safer alternatives like snus, e-cigarettes, and pouches. The [global e-cigarette and vape market]( is poised to reach $59.17 billion by 2031, growing at a CAGR of 14.2%, fueled by increasing awareness of safe, smokeless alternatives to traditional tobacco offerings. The global tobacco market is projected to expand at a CAGR of 2.6% to reach [$1.10 trillion by 2030](. With these favorable trends in mind, let’s delve into the fundamentals of the three [Tobacco]( stock picks, beginning with… Continue reading at [STOCKNEWS.com]( NOTE: If URLs do not appear as live links in your e-mail program, please cut and paste the full URL into the location or address field of your browser. [Privacy Policy]( | [Terms & Conditions]( This email contains a paid advertisement.This is not a solicitation for the purchase or sale of securities. Readers are encouraged to conduct their own research and due diligence, and/or obtain professional advice, prior to making any investment decision. Advertisements and sponsorships are provided as a service to Stock News users. Stock News is not responsible for their content, services or products. The statements and opinions contained in this advertisement are not those of Stock News, and Stock News disclaims any liability for or arising from such statements and opinions. You are hereby advised that Stock News is receiving a fee as compensation for the distribution of this advertisement. [Click here to unsubscribe]( Copyright © 2023 Investing Insights Daily News, part of StockNews.com - POWR Stock Rating, Market Outlook & Investment Insights Magnifi Communities, 1 Penn Plaza, Suite 3910, New York, NY 10019