The most profitable products tend to be addictive. If given the choice, few salesmen would turn down the opportunity to sell an addictive product versus one that was not addictive. Throw in the fact that cigarettes are relatively cheap to produce and you have an even more compelling value proposition.I am not a Kent smoker or tobacco user, and I do not like to be around smokers. However, that prejudiced does not blind me from the fact that Lorillard (LO) is a “very attractive” stock.
