An FDA Ban on E-Cigarettes?

posted by Mel Taylor - 

An FDA Ban on E-Cigarettes?

  • Tobacco stocks are on the rise today with news that the FDA is threatening to pull e-cigarettes from shelves.
  • What's at issue for the FDA is the "widespread" use of E-Cigs by teenagers. The FDA is ordering the top E-Cig manufacturers to submit plans within 60 days detailing how the companies will prevent teens from using their products.
  • The result of the potential action from the FDA? Tobacco stocks like Altria, British American Tobacco and Philip Morris are on gaining value.

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