The best vape stocks depend on your portfolio and investment goals. While volatility can be ideal for day traders, long-term investors want to sell stocks with steadier gains over time.
When Did Vaping Brands Start Publicly Trading?
Plenty of vape manufacturing companies have gone public in the last two years. In 2019, when the U.S. Food and Drug Administration (FDA) had a thing or two to mention (nothing good) about e-cigarettes and vaping, the industry bounced back quite nicely.
Due to the constant decline of cigarette sales, many major companies found opportunities to take advantage of the new market.
What does this mean?
The new mish-mash of vape/tobacco companies has been trading publicly for years – their stock is a bundle of all the products they sell.
These companies hold a majority and stir the market as they see fit. Investing in Big Tobacco also means investing in traditional cigarettes and large tobacco companies.
Small capital stock refers to small players — independent vape companies that don’t have the backing of Big Tobacco. They typically manufacture their products. The result’s smaller batches and making profits through retail (e-commerce). Most companies are “bound” to one location or several states (US companies). They are not available over across countries.
This vape stock is fairly cheap to start with, making the investment safer, but on the opposite hand, you would like to buy a lot to make some profits.
The large capital stock is the big boys’ tobacco companies with their hands in the vaping cookie jar. They need huge portfolios and net worth counted in billions. You have already heard of several of these stocks, like Imperial Brands, Altria Group, and Japan Tobacco Inc.
These stocks cost quite the sum, but profits are often rewarding. Within the grand scheme of things, this stock is easy to trade, predictable, and fairly stable.
Also Read: OTC Stocks With Big Potential: RLBD, LTMP, ECPN, NXMR, TGRO, GEGR
Five vape stocks to observe
A selection of stocks related to the vaping industry, weighting the list more heavily towards popular mid- and large-cap US stocks.
Turning Point Brands (TPB)
British American Tobacco PLC ADR (BTI)
Cronos Group (CRON)
Canopy Growth (CGC)
Altria Group (MO)
Take a deeper dive into vape stocks.
Look at what companies in this industry do and how the stocks have historically performed.
Turning Point Brands (TPB)
Turning Point Brands, Inc., along with its subsidiaries, manufactures, markets, and distributes branded consumer products. The corporate operates through three segments: Zig-Zag Products, Stoker’s Products, and NewGen Products.
Turning Point Brands stock opened the day at $24.90 after a previous close of $25.28. the newest price was $24.00 (25-minute delay). Turning Point Brands is listed on the NYSE, features a trailing 12-month revenue of around USD438.7 million, and employs 426 staff.
Market capitalization: $548,263,360
P/E ratio: 11.8086
PEG ratio: 0
British American Tobacco PLC ADR (BTI)
British American Tobacco p. l. c. provides tobacco and nicotine products to consumers worldwide.
British American Tobacco PLC ADR stock opened the day at $38.36 after a previous close of $38.08. the newest price was $38.54 (25-minute delay). British American Tobacco PLC ADR is listed on the NYSE, features a trailing 12-month revenue of around USD$26.4 billion, and employs 54,365 staff.
Market capitalization: $89,392,209,920
P/E ratio: 13.841
PEG ratio: 5.1173
Also Read: Best Cannabis Stocks To Buy Long Term?
Cronos Group (CRON)
Cronos Group Inc. operates as a cannabinoid company. It manufactures, markets, and distributes hemp-derived supplements and cosmetic products through e-commerce, retail, and hospitality partner channels under Lord Jones and Happy Dance brands within the United States.
Cronos Group stock opened the day at $3.08 after a previous close of $3.11. the newest price was $3.15 (25-minute delay). Cronos Group is listed on the NASDAQ, features a trailing 12-month revenue of around USD$86.9 million, and employs 626 staff.
Canopy Growth (CGC)
Canopy Growth Corporation, along with its subsidiaries, produces, distributes, and sells cannabis and hemp-based products for recreational and medical purposes, primarily in Canada, the US, and Germany.
It operates through two segments, Global Cannabis and Other Consumer Products. The company’s products include dried cannabis flowers, extracts and concentrates, beverages, gummies, and vapes.
Canopy stock opened the day at $2.53 after a previous close of $2.56. the newest price was $2.63 (25-minute delay). Canopy Growth is listed on the NASDAQ, features a trailing 12-month revenue of around USD$520.3 million and employs 3,151 staff.
Market capitalization: $1,181,164,928
Altria Group (MO)
Altria Group, Inc., through its subsidiaries, manufactures and sells smokeable and oral tobacco products within the United States.
The corporate provides cigarettes primarily under the Marlboro brand; cigars and pipe tobacco principally under the Black & Mild brand; and moist smokeless tobacco products under the Copenhagen, Skoal, Red Seal, and Husky brands, also as provides on! Oral nicotine pouches.
Altria Group stock opened the day at $43.71 after a previous close of $44.00. the newest price was $43.86 (25-minute delay). Altria Group is listed on the NYSE, features a trailing 12-month revenue of around USD$21 billion and employs 6,000 staff.
Market capitalization: $79,356,846,080
P/E ratio: 26.5636
PEG ratio: 6.5965
