Spekulatius Posted March 21, 2018 Share Posted March 21, 2018 i have been looking a cheapishly looking tobacco stocks a while ago and bought a starter position and then started to do some more research and thing this business is on the cusp of a significant change from e-cigarettes. It seems that products from industry newcomers like Juul gain significant market share especially with younger folks. This makes sense to me since starters will likely not be bound by existing habits and chose the product that appears to work best. I have little doubt that smoking vaporware is much less harmful than tobacco and it certainly is less annoying to others. My guess is that adoption of e-cigs could rapidly increase and destroy the other tradional tobacco business. the fact that a newcomer like Juul can gain almost 50% market share means that the incumbent tobacco companies don’t have that much of an advantage and market shares will be redistributed, but moreover, it is not likely that the e-cig business will have the same obscene profit margins than the tobacco products. So get the last puff out of tobacco stocks and hope that these companies die faster than their :P Link to comment Share on other sites More sharing options...
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