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The Economist talks about why American tobacco stocks have outperformed tech in recent years and textbook example of "price inelastic" buyers: Over the past decade, the # of US smokers has declined by Buy Altria Stock Because Americans Are Smoking Cigarettes Again Barron's Altria, Philip Morris Stock Burned by a Big Drop in Cigarette Sales Barron's Geographic ownership trends of US tobacco stocks. Tobacco firms are Download Scientific Diagram Tobacco Stocks Report as of October 1, 1955: U. S. Agricultural Marketing Service: 9780331411034 Books
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