Tobacco
Study in India links even one daily drink to higher buccal mucosa cancer risk, especially with chewing tobacco
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A large case-control study in India reports that drinking about one standard drink a day (roughly 9 grams of alcohol) is associated with an estimated 50% higher risk of buccal mucosa cancer. The researchers also estimate that the combination of alcohol use and chewing tobacco may account for about 62% of cases nationally, with the strongest association seen among people who mainly consumed locally brewed alcoholic beverages.
An analyst has downgraded Imperial Brands (IMBBY) stock to 'Hold' after significant gains. The stock delivered a 57.43% total return since initial coverage, outperforming the NASDAQ and tobacco peers. At current valuations, the margin of safety has diminished.
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Philip Morris International's stock has risen over 15% in two months, now trading above $186 and surpassing prior fair value estimates. An analyst's updated dividend discount model indicates the shares are fully valued with limited upside from the current price. This reassessment follows a recent topline miss and rapid share appreciation.