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Big Tobacco Is a Long Way From Burning Out WSJ U.S. Tobacco Companies Have Outperformed The S&P 500 Tobacco company Phillip Morris was the best investment of the 20th Century. $1,000 invested in 1925 would be close to $1 billion today. And while the world has stopped smoking cigarettes, these Philip Morris invests billions in health care. Critics aren't swayed.
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