Philip Morris International Inc. (PM)
Philip Morris (PM) Is Up 8.03% in One Week: What You Should Know
Does Philip Morris (PM) have what it takes to be a top stock pick for momentum investors? Let's find out.
Philip Morris: King Of The Tobacco Jungle - Minimal Upside/ Dividends Here
PM has reported another beat and raise performance in FQ3'24, with it contributing to the immense rally observed in its stock prices. Much of its tailwinds are attributed to the growing combustibles volumes and higher YTD pricing, contributing to the segment's robust top lines and expanding market share. This is on top of the highly successful smoke-free approaches through IQOS and ZYN, with FQ4'24 likely to bring forth another beat performance.
Philip Morris: The Strategy Is Finally Paying Off
Philip Morris's strategic pivot to less toxic tobacco products, including ZYN nicotine pouches, is paying off. ZYN's popularity is surging despite regulatory scrutiny and supply constraints. Nicotine pouches offer key advantages: no known cancer risk, usability in banned areas, and no flavor ban by the FDA, unlike e-cigarettes.
Philip Morris: This 4% Yield Is A Hold
Philip Morris International hit a new all-time high after a strong Q3 earnings report, driven by double-digit net revenue growth and raised FY 2024 guidance. The company's non-traditional products, especially IQOS and ZYN, are growing significantly faster than traditional tobacco, boosting overall gross profit growth. PM raised its FY 2024 adjusted earnings guidance, expecting up to a 7.3% year-over-year growth, and the company maintains a strong dividend coverage ratio.
Billionaire Stanley Druckenmiller Bet Big on This High-Yield Dividend Stock, and It's Up 41% This Year. Is It Too Late to Buy?
This tobacco stock keeps going up.
Philip Morris International Hits All-Time Highs. Is It Too Late to Buy the Stock?
Zyn continues to power the company's growth.
Philip Morris Hits Record High on Q3 Earnings Beat: ETFs in Focus
Look at ETFs with exposure to Philip Morris, as the tobacco giant beats earnings estimates and surges to a record high.
Philip Morris' Q3 Driven By Smoke-Free Products Amid Rising Market Share In Key Regions: Analyst Forecasts Growth Across IQOS And ZYN Brands
Stifel analyst Matthew E. Smith reiterated a Buy rating on Philip Morris International Inc PM, raising the price forecast to $145 from $138.
Philip Morris Stock Moves Into Buy Zone After Earnings Surprise
A recent double-digit move for Philip Morris stock was strong enough to help it break out of a cup base and surpass a 128.22 buy point.
Philip Morris International Pops; Yield Drops
PM reported its eleventh earnings triple play in its history and the first since February 2023. Given the size of yesterday's move higher, PM's dividend yield dropped from 4.54% on Monday to 4.15% on Tuesday. While PM's yield is down significantly on the move and now sits in the bottom quartile of its historical range, we would note that it still holds the 37th highest yield of all S&P 500 members.
Philip Morris (PM) is an Incredible Growth Stock: 3 Reasons Why
Philip Morris (PM) possesses solid growth attributes, which could help it handily outperform the market.
Huge sales of the nicotine patch Zyn have sent Philip Morris's stock to an all-time high
Philip Morris International stock surged 10% after strong Q3 revenue and profit guidance. Zyn nicotine pouch sales grew 41% in the US in the third quarter.
