Walk a Mile for These Cigarette Makers

Some products, legal as they are, have a public image that makes investors cringe. One such product is tobacco. Its deleterious health effects are well known, but that does not mean the companies that produce cigarettes will make your investment portfolio sick.

True, cigarette use has fallen globally. According to a Stanford researcher, global tobacco use would be declining were it not for China, which has 350 million smokers and produces 40% of the world's cigarettes. Lest you think no one smokes in the U.S., just look outside virtually any office building where, no matter what the weather, you will find people lighting up. The Wall Street Journal recently reported that teen smoking in New York City hit a low of 8.5% in 2007 -- a rate that has not fallen since. That's a big drop from 15 years ago when a quarter of New York high-school students smoked, but there are still plenty of smokers among the younger set in this country -- and plenty more abroad....298 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

Read the full story and get access to the Real Money Pro trading floor.

There’s no substitute for a trading floor to get great ideas, so Jim Cramer created a better one at Real Money and blogs there exclusively. We then added legendary hedge fund manager, Doug Kass, with his exclusive Daily Diary and best investing ideas. Staffed with more than 4 dozen investing pros, money managers, journalists and analysts, Real Money Pro gives you a flood of opinions, analysis and actionable trading advice found nowhere else, and allows you to interact directly with each expert.

Already a Subscriber? Please login.

Except as otherwise indicated, quotes are delayed. Quotes delayed at least 20 minutes for all exchanges. Market Data provided by Interactive Data. Company fundamental data provided by Morningstar. Earnings and ratings provided by Zacks. Mutual fund data provided by Valueline. ETF data provided by Lipper. Powered and implemented by Interactive Data Managed Solutions.

TheStreet Ratings updates stock ratings daily. However, if no rating change occurs, the data on this page does not update. The data does update after 90 days if no rating change occurs within that time period.

IDC calculates the Market Cap for the basic symbol to include common shares only. Year-to-date mutual fund returns are calculated on a monthly basis by Value Line and posted mid-month.