My next pick may be Altria Group (Sym. MO), which I'm sure you know is the holding company of Philip Morris. It's trading at its 52-week low after the Supreme Court said yesterday that it could be sued for advertising light cigarettes. However, this does not mean that a class action would prevail. Altria is considered highly recession proof and the yield is the highest it's been at 8.5% (it's also one of those stocks that Cramer takes every opportunity to talk-up). More research needed but I'm almost ready to move on this one.
Side note: SLW closed at 5.92 today. Up almost 78% in less than 2 weeks. Expecting volatility to increase but taking this one long-term.
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