Tobacco Stocks Raised to 'Overweight' at Credit Suisse

Source from:  Bloomberg 10/15/2009

Tobacco stocks were raised to "overweight" in a global equity strategy report by Credit Suisse Group AG, which said the industry has "the best pricing power of any sector." Tobacco has underperformed and "we believe that the risk/reward trade now favours being overweight," strategists including Andrew Garthwaite wrote. Enditem