Diamonds and Dogs

4/2/25

Spring is in the air. Scotts Miracle-Gro (SMG) is up 4% on an upgrade at Truist with a $70 price target or 20% above current levels. Scotts Miracle Gro surged a few years ago with the expansion of cannabis, but has come back to earth the last few years.

Tobacco giant Altria Group (MO) is down 4% after the U.S. International Trade Commission sided with rival Juul Labs in a patent dispute. Altria will have to stop selling its NJOY Ace e-cigarettes, a company they bought in 2023 for $2.75 billion. Consumers can still buy them in stores until retailers' existing inventory runs out.

Diamonds and Dogs market commentary is a journal of daily observations on anything that happens to be of interest to our author. Obviously, our primary focus is the stock market and world economic events, but for this page we have no defined topics. We want this page to be dedicated to the interests, concerns, and possibly to the financial gain of our clients and friends. All comments contained herein are for informational purposes only, and should not be considered as a solicitation to buy or sell any security. The firm does not guarantee the accuracy or completeness of the information or make any warranties regarding results from it's usage.