Trader: Steve Grasso, director of Institutional Sales Trading at Stuart Frankel
With a yield of nearly 5 percent, this is a stock that allows trader Steve Grasso says to sleep at night. Altria is perhaps best known as the maker of Marlboro cigarettes, the number 1 brand of cigarette in the U.S. According to the company, Marlboro's retail share is 42 percent, larger than the next 13 cigarette brands combined. It is also larger than the two largest competitors, R.J. Reynolds and Lorillard, combined. “Even in a bad tape, this stock tends to motor along,” says Grasso.