Record Earnings: Should Investors Buy Philip Morris Stock Now?
PMPMI(PM) ZACKS·2024-10-23 03:06

Philip Morris International ((PM) has quietly been one of the best performing stocks in the market over the last three months. This strong outperformance comes after several years of sideways action in the stock as tobacco stocks fell out of favor for institutional investors. But with the proliferation of smokeless products like vapes and most notably Zyn, Philip Morris as well as other incumbent tobacco stocks have again become winning stocks.The success of this pivot towards smokeless products was further ...