Many investors are squeamish about investing in cigarette manufacturers, but popular income investor Neil Woodford has no such qualms. Here’s why Woodford is happy to have Imperial Tobacco (LSE: IMT) represent nearly a 7% slice of his portfolio.
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Why Imperial Tobacco Group plc Is Neil Woodford’s Second Largest Holding
VIDEO: One Fool puts Imperial Tobacco Group plc (LON:IMT) under the spotlight.
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RISK WARNING: should you invest, the value of your investment may rise or fall and your capital is at risk. Before investing, your individual circumstances should be assessed. Consider taking independent financial advice. The Motley Fool believes in building wealth through long-term investing and so we do not promote or encourage high-risk activities including day trading, CFDs, spread betting, cryptocurrencies, and forex. Where we promote an affiliate partnerâs brokerage products, these are focused on the trading of readily releasable securities.
