Anthony Scaramucci's Hedge Fund Trade Of The Week: Lorillard Inc. (LO)

On CNBC's Fast Money, Anthony Scaramucci said that Lorillard Inc. LO is this week's hedge fund trade of the week. Lorillard (LO) is trading at eight times earnings, 12.2 the trailing earnings. Its dividend yield is 5.3%, and its earnings - cash yield is 8.3%. Lorillard (LO) has a second leading brand in cigarettes in the U.S. It is owned by Omega, Tiger Global and Eton Park Capital Management. This defensive name with a good balance sheet should do well in deflationary environment. Lorillard (LO) fell 0.54% today.