The tobacco industry continues to thrive in spite of being a major cause of death.
Despite the predictions of the demise of the tobacco industry, it continues thriving, increasing sales and profitability. In 2016, the five global leaders (excluding China) shipped 2.7 trillion cigarettes, more than 300 for every man, woman, and child in the world. Investors in those companies earned $19 billion in dividends. Sadly, tobacco stocks are a staple of the stock market.
PositiveTip: The only way to curb this death inducing activity is to stop consuming the product!
Tobacco companies report increasing sales--in vulnerable poor countries.
Major tobacco companies continue to expand business in the vulnerable middle- and low-income countries of the world. In fact, some analysts have called the tobacco industry "recession resistant". These companies report increased revenue and rising share values in Africa, Asia, and the Middle East. How do you relate to this morally repugnant industry?
PositiveTip: If you own stock in these companies peddling death, consider selling it. Then you can hold your head higher, knowing you have morally done the right thing.