Published on October 15th, 2013 | by Trick0
Investment Mag Says Investing in Lorillard Could Have a “Big Upside”
Online investment magazine Seeking Alpha takes a look at what it sees as a very good buy right now: Lorillard.
Nicastro also looks into the financials of other e-cig manufacturers, including tobacco giants such as R.J. Reynolds and Altria, as well as other players such as Vapor Corp., a publicly-traded, non-tobacco e-cig company. With much of its competition coming in the form of deep-pocketed tobacco companies, Nicastro expects Vapor Corp. to be a takeover target in the near future.
It’s a financial piece, and may seem a bit dry to those not interested in things like 200-day moving averages and 5-year highs, but the gist of it is that the e-cigarette market is growing by leaps and bounds, and Steve Nicastro of Seeking Alpha thinks Lorillard is in the best position to take advantage of it.