Investors seek growth stocks to capitalize on above-average growth in financials that help these securities grab the market's attention and produce exceptional returns. But finding a great growth stock is not easy at all.By their very nature, these stocks carry above-average risk and volatility. Moreover, if a company's growth story is over or nearing its end, betting on it could lead to significant loss.However, it's pretty easy to find cutting-edge growth stocks with the help of the Zacks Growth Style Sco ...

MADRID, SPAIN - 2023/10/24: Pedestrians walk past the heated tobacco and electronic cigarette ... [+] products brand and manufactured by Philip Morris International (PMI), IQOS, seen in Madrid. (Photo by Xavi Lopez/SOPA Images/LightRocket via Getty Images)SOPA Images/LightRocket via Getty ImagesPhilip Morris stock (NYSE: PM) has seen solid gains of over 70% from levels of around $70 in early January 2021 to over $120 now, vs. an increase of about 50% for the S&P 500 over this period. This can primarily be a ...

Core Viewpoint - Philip Morris is experiencing a significant stock price increase, which reflects the market's recognition of its growth initiatives, making it an attractive option for dividend growth investors [2][14]. Stock Performance - Since mid-April, Philip Morris' stock has risen from approximately $89 to nearly its all-time high of $122, indicating strong upward momentum [4]. - Over the past five years, the stock has appreciated by 48%, averaging an annual growth rate of 8.2%, combined with a dividend yield of about 5%, resulting in a total average annual shareholder return of 13.2% [5]. Dividend Growth - Philip Morris has consistently paid and increased its quarterly dividend since its spin-off from Altria in 2008, although recent annual increases have been modest, averaging 2-4% [6][10]. - The company is expected to raise its dividend again in September, with a potential new quarterly dividend of $1.35, reflecting a payout ratio of 85%, which is one of the lowest in five years [11][14]. Earnings Growth - The company is projected to achieve double-digit earnings per share (EPS) growth this year, with a second-quarter adjusted diluted EPS growth of 10.6% [9]. - Full-year EPS growth guidance has been raised from 9-11% to 11-13%, indicating a positive outlook for profitability [11]. Competitive Position - Philip Morris is leading in innovation and growth in new product categories, particularly in the smoke-free segment, where products like IQOS and ZYN are performing well [9][13]. - The company faces competition from larger players like British American Tobacco and Japan Tobacco, which have lower price-to-earnings ratios and higher dividend yields [13]. Conclusion - Philip Morris is positioned for continued growth with a strong dividend yield and the potential for larger future hikes, making it an appealing investment for dividend growth investors [14].

It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Luckily, Zacks Premium offers several different ways to do both.Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor.It also includes access to the Zacks Style Scores.What are th ...

Growth investors focus on stocks that are seeing above-average financial growth, as this feature helps these securities garner the market's attention and deliver solid returns. But finding a growth stock that can live up to its true potential can be a tough task.In addition to volatility, these stocks carry above-average risk by their very nature. Also, one could end up losing from a stock whose growth story is actually over or nearing its end.However, the task of finding cutting-edge growth stocks is made ...

Philip Morris' stock offers a high dividend yield.Tobacco company Philip Morris International (PM 0.15%) has increased dividends annually since it was spun off from Altria Group in 2008. The board of directors last raised the payment in October.It's important to look beyond the current level and past increases, however. While everyone likes higher payouts, particularly dividend-seeking investors, it's imperative for investors to do some digging to see if Philip Morris can sustain the payment.The dividendPhi ...

There are three notable cigarette companies you could buy, but one of them seems to be way ahead of the pack right now.If you are looking at cigarette makers, you have probably been attracted by Altria's (MO 2.10%) ultra-high 7.7% yield and British American Tobacco's (BTI 1.53%) even more generous 8.4%. Although Philip Morris International (PM 0.31%) doesn't have nearly as high a yield, at "just" 4.5%, it is probably a better all-around option in the tobacco space.Here are three key reasons why.1. Philip Mo ...

Investors get a growing stream of income with this dividend stock with much less work than owning real estate.It seems like everyone around you is telling you to invest in real estate. A barrage of influencer content constantly hits the media platforms telling you to put your savings into real estate investments to build passive income. Passive income is income earned from an investment without doing any extra work. All you have to do is sit back and let the money roll in -- or so the story goes.But is buyi ...

Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Even though momentum is a popular stock char ...

Core Viewpoint - Philip Morris International (PM) reported strong second-quarter 2024 results, with both top and bottom lines exceeding Zacks Consensus Estimates, driven by robust pricing and success in its smoke-free business, particularly IQOS and ZYN [1][2]. Group 1: Q2 Performance - Adjusted earnings per share (EPS) for Q2 2024 were $1.59, a decrease of 0.6% year over year, but above the Zacks Consensus Estimate of $1.55. Excluding currency effects, adjusted EPS increased by 10.6% year over year to $1.77 [2]. - Net revenues reached $9.47 billion, reflecting a 5.6% increase on a reported basis and a 9.6% increase on an organic basis, surpassing the Zacks Consensus Estimate of $9.16 billion by 3.38% [2]. - Operating income for the quarter was $3.44 billion, marking a significant organic increase of 46.6% compared to the previous year [2]. - Total cigarette volumes grew by 2.8% year over year to 197.3 billion units, driven by a 13.1% increase in heated tobacco unit (HTU) shipments and a 20% rise in oral smoke-free products across all regions [2]. Group 2: Smoke-Free Business - The smoke-free business accounted for 38.1% of PM's total net revenues, indicating the company's commitment to transitioning into a smoke-free enterprise. The smoke-free business experienced year-over-year organic growth of 18.3%, with gross profits increasing by 22.2% organically [3]. Group 3: Guidance - For 2024, PM anticipates adjusted EPS in the range of $6.33 to $6.45, compared to $6.01 in 2023. Excluding currency movements, adjusted EPS is projected to be between $6.67 and $6.79, indicating an 11-13% growth from the previous year [4]. - The company expects net revenues to grow by 7.5-9% on an organic basis and anticipates an 11-13% organic growth in operating income for 2024 [4].