RLX Technology vs. Cigarette Stocks

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Best Tobacco Stocks

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Business & Economics

Is RLX Technology Inc. (RLX) Among the Best Tobacco and Cigarette Stocks to Buy Now?

Summary

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79% Informative

Cigarette and tobacco stocks are companies that produce and sell cigars, snuff, chewing tobacco, cigarettes, e-cigarettes, and all other tobacco products.

Tobacco companies were among the top performers during the 20th century because of their addictive, profitable, and recession-proof product.

However, tobacco firms now confront a different set of challenges as a result of growing legislation and health concerns.

RLX Technology Inc. ( NYSE : RLX ) manufactures e-vapor products for adult smokers.

The company had a great year in 2024 , growing its revenue for the seventh straight quarter and achieving a 73% YoY rise in full-year revenues.

Overall, RLX ranks 5th on our list of the 10 Best Tobacco and Cigarette Stocks to Buy Now .

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formal

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English