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Philip Morris International Inc. (PM)
After hours:
- Editor's pickYahoo Finance Video
Juul to remain on the market after appeals court pauses FDA ban
Cowen Managing Director and Senior Research Analyst Vivien Azer joins Yahoo Finance Live to discuss the pause on the FDA ban of Juul products, Altria's e-cigarette portfolio, and the outlook for tobacco producers.
- Motley Fool
Scared of a Potential Recession? 3 Reasons to Buy Philip Morris International
Let's explore three reasons why Philip Morris International (NYSE: PM) fits the bill and could make a good buy in this challenging macroeconomic environment. Analysts consider tobacco a recession-proof industry because its products are addictive. While the decision has at least temporarily been blocked by Juul's Federal court appeal, it directly impacts the operations of Philip Morris' U.S. counterpart, Altria Group, which owns a 35% stake in the embattled start-up.
- Motley Fool
Don't Buy Philip Morris Stock. Here Are 2 Better Dividend Payers To Buy Now
Philip Morris International (NYSE: PM), the overseas tobacco giant spun off from Altria in 2008, is often considered a dependable dividend stock for long-term investors. The S&P 500 generated a total return of nearly 70% during the same period. For decades, the tobacco industry offset declining smoking rates with price hikes, cost-cutting measures, and buybacks to squeeze steady profits from its sluggish sales growth.
