Betting on dividend growth can lead to strong returns over the long haul. Billionaire Stan Druckenmiller called the Nvidia bull run over the last few years. The retired hedge fund manager made a big bet on artificial intelligence (AI), and it paid off handsomely for his portfolio. Now, he has purchased shares of a company in an entirely different sector: Philip Morris International (PM -0.06%). The largest tobacco company by market cap in the world now makes up over 3% of Druckenmiller's portfolio, and that ...

As November gets underway, Schaeffer's Senior Quantitative Analyst Rocky White compiled a list of the 25 worst S&P 500 (SPX) stocks to own this month, with data going back 10 years. Notably, the catalogue is topped by three oil stocks, though there are plenty of other names worth mentioning. Tobacco name Philip Morris International Inc (NYSE:PM) is sixth on the list, finishing the month lower six times in the last decade. The stock averaged a loss of 0.3% during this time, so those hoping for PM to break ou ...

Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following 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 in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Whil ...

I am a full-time analyst interested in a wide range of stocks. With my unique insights and knowledge, I hope to provide other investors with a contrasting view of my portfolio, given my particular background.If you have any questions, feel free to reach out to me via a direct message on Seeking Alpha or leave a comment on one of my articles. Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within th ...

I am a 35-year stock market investor, MBA, and retired reporter and editor for the San Francisco Chronicle. I also was a featured investor with the investment app Netvest. My primary style is a mix of growth and income, with attention to special situations.Analyst’s Disclosure: I/we have a beneficial long position in the shares of PM either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than ...

Shares of Philip Morris International (NYSE: PM ) hit a new all-time high last week after the tobacco company submitted a better than expected earnings report card for the third-quarter. The tobacco firm presented a strong outlook for the full-year as well Analyst's Disclosure: I/we have a beneficial long position in the shares of MO, BTI, PM either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (o ...

Core Viewpoint - Philip Morris International has shown strong performance and growth potential, particularly in next-generation products, making it an attractive investment opportunity despite the overall decline in smoking rates globally [2][4][6]. Company Performance - Philip Morris reported third-quarter revenue of $9.91 billion, reflecting an 11.6% organic growth, surpassing analyst estimates of $9.69 billion [4]. - The company's smoke-free business generated organic revenue growth of 16.8%, amounting to $3.8 billion, while the combustibles segment saw an 8.6% organic revenue increase, with cigarette volumes rising by 1.3% to 163.2 billion [4][5]. - Organic operating income increased by 13.8% to $3.7 billion, and adjusted earnings per share (EPS) rose by 14.4% to $1.91 [5]. Growth Drivers - Approximately 40% of Philip Morris's revenue now comes from next-generation products, including Iqos devices and Zyn nicotine pouches, with significant investments in expanding production capabilities [4]. - Shipments of Zyn increased by 22.2% to 4.4 billion, contributing to the company's overall growth [5]. Future Outlook - The company raised its full-year adjusted EPS guidance to a range of $6.45 to $6.51, up from the previous range of $6.33 to $6.45, indicating strong future performance [5]. - Philip Morris trades at a premium price-to-earnings (P/E) ratio of 20, reflecting investor confidence in its growth prospects, especially compared to peers trading at single-digit P/E ratios [6]. - The company offers a 4.5% dividend yield and recently increased its dividend by 3.8% to $1.35 per quarter, suggesting a commitment to returning value to shareholders [6].

Zyn continues to power the company's growth. The tobacco space hasn't been viewed as a place to find growth stocks in a very long time. However, Philip Morris International (PM -2.21%) may be changing that narrative as its smoke-free business continues to drive tremendous momentum for the company. The stock recently hit an all-time high on the back of yet another strong quarter and is up over 40% year to date. Let's dig into the tobacco company's third-quarter results to see if the stock's rise can continue ...

The year 2024 is turning out to be strong for Philip Morris International (PM) . The tobacco giant surged about 44% from mid-April to early September, rebounding from a downturn earlier in the year.Philip Morris International (PM) posted robust third-quarter 2024 results on Oct. 22, wherein the top and bottom lines increased year over year and beat the Zacks Consensus Estimate. The cigarette maker was experiencing a downtrend, declining approximately 6.7% from early September before rebounding with a surge ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-33708 Philip Morris International Inc. (Exact name of registrant as specified in its charter) | --- | --- ...