Jim Cramer on Altria: "I Won't Recommend It Personally, But I Can't Fight It"

Altria Group, Inc. (NYSE:MO) is one of the stocks Jim Cramer was asked about. A caller sought Cramer’s thoughts on the stock during the lightning round, and he commented:

“Okay, I can, you know, I don’t recommend tobacco stocks, but I did as preparation, when I went, did my work for what stocks have been the best over the long term in How to Make Money in Any Market, I was shocked to indeed see that the best is Altria, Philip Morris. I can’t fight it. I can’t fight the returns. I won’t recommend it personally, but I can’t fight it.”

Altria Group, Inc. (NYSE:MO) makes and sells tobacco and nicotine products, including cigarettes, cigars, smokeless tobacco, nicotine pouches, and e-vapor products. A caller inquired about the stock during the June 5 episode, and Cramer replied:

“Alright, but here’s, okay, so I’m going to give you two answers to this because I’ve been trying to change my mind about some things…. I personally would not own Altria. Why? Because I don’t like what they do. Is it a superior stock better than most? The answer is, as I was writing How to Make Money in Any Market, the answer is yes. So you’ve got two answers. It’s up to you. I couldn’t own it for my trust. I couldn’t live with myself.”

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Disclosure: None. This article is originally published at Insider Monkey.