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“Our theory is that what they’re lobbying for now yields benefits in the future,” Clifton said.
When an FDA draft report on March 18 stopped short of recommending menthol cigarettes be pulled from the market, Lorillard’s shares rose the most in more than two years and analysts at UBS AG (UBSN) and Goldman Sachs Group Inc. (GS) urged investors to buy cheap newport cigarettes.

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Newport cigarettes website While the FDA hasn’t made its final decision, the chance that it will ban menthol cigarettes has declined,nfljerseysusa, UBS analyst Nik Modi said in a March 18 note to clients.
For the quarter, Lorillard’s shares rose 16 percent while the S&P 500 rose 4.24 percent.
Lorillard spokesman Greg Perry declined to comment.
Most of the companies in the Strategas index are there year after year. Only about eight companies move in and out of the top 50 spenders each yearNewport cigarettes .
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