Altria Hits An All-Time High (MO)

Tobacco giant Altria Group

is making a new all-time high today. The stock has gained 0.48% to $24.92. Earlier in the day, the stock made a new record high at $25.00. Altria (

) continues to look attractive. Year-to-date, the shares have gained 27%, including more than 5% in just the last month. Altria offers an extremely compelling 6.1%, even at these elevated levels. The stock trades at a trailing P/E of 15, a forward P/E of 12.40, and a PEG ratio of 1.94. The company has a market cap of $51.95 billion and a low beta at 0.41, which speaks to the company's defensive business model.