Lorillard (NYSE:LO) and Wee-Cig International (OTCMKTS:WCIG) continue to surprise investors

Shares of Lorillard (NYSE:LO) continue to tease its 52 week high. Currently, Lorillard (NYSE:LO) is trading at $63.45 on a mediocre volume of 320K shares. Lorillard (NYSE:LO) is the third-largest tobacco company in the United States with Newport brand as its top-selling menthol cigarette brand in the country. Lorillard (NYSE:LO) is well known among investors for its track record. Over and over again Lorillard (NYSE:LO) has surprised its investors with a high dividend yield. Lorillard grew revenue and adjusted earnings per share by 0.3% and 6% over the first nine months of 2014, year over year, thanks in part to their price increases, cost cuts and the successful sales of their recently acquired electronic cigarette, Blu. In April of 2012, Lorillard acquired the assets of Blu for a generous $135 million in cash. Sales of the Blu electronic cigarettes accounted for $118 million during the nine months ended on September 30, 2014.
As Electronic cigarettes are becoming more and more common as smokers convert from their tobacco smoking vise to a more “public friendly” electronic version, more and more “Vape” shops are popping up offering the e-cigs and their abundant accessories all over the place these days. With several companies trying to compete for their share of the market within this upcoming niche, one company is always competing to bring the newest and most innovative combination of a product to out do the rest. Wee-Cig International (Pink: WCIG) is working on combining cape smoking and enery drink to offer an energy boosting electronic cigarette that is disposable. As per the company’s website, Wee-Cig is in the business of designing, developing, manufacturing and marketing high quality e-cigarettes and vaporizers which are self-branded using state-of-the-art electronic technology. The Wee-Cig products will allow consumers to vaporize dried herbs such as mullein, raspberry leaves, cat nip, and sage, these herbs can help to quit smoking, ease stress and even help inflamed or infected lungs.
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John is a special projects and general assignment reporter, noted for breaking several exclusive stories.

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