PMI(PM)
Search documents
Forget Real Estate: Invest $25,000 in This Ultimate Dividend Growth Stock and Get $1,000 in Passive Income
The Motley Fool· 2024-08-03 14:40
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 ...
Philip Morris (PM) is a Great Momentum Stock: Should You Buy?
ZACKS· 2024-08-02 17:01
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 ...
Philip Morris Beats Expectations in Q2: ETFs in Focus
ZACKS· 2024-07-30 21:56
Philip Morris International (PM) posted robust second-quarter 2024 results on Jul 23, wherein the top and bottom lines beat the Zacks Consensus Estimate. The company continued to benefit from strong pricing and success in its smoke-free business, especially IQOS and ZYN.PM has a Zacks Rank #2 (Buy) and a Momentum Score of A, highlighting that the company will continue with its impressive performance. Philip Morris has gained about 17% since the beginning of the year.Q2 Performance in DetailThe tobacco compa ...
Philip Morris: 5% Yield Is Now Too Expensive (Rating Downgrade)
Seeking Alpha· 2024-07-30 04:50
bleexShares of Philip Morris International (NYSE:PM) reached a new 1-year high after the tobacco company beat second-quarter earnings estimates last week, chiefly because the tobacco firm makes continual gains in the smoke-free product segment. Philip Morris is seeing strong growth for its heated tobacco and electronic cigarette products and the company reported gross margin gains in Q2. Since Philip Morris is a deeply profitable tobacco franchise and is seeing positive growth momentum, the firm raised ...
Looking for a Growth Stock? 3 Reasons Why Philip Morris (PM) is a Solid Choice
ZACKS· 2024-07-29 17:45
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.That's because, these stocks usually carry above-average risk and volatility. In fact, betting on a stock for which the growth story is actually over or nearing its end could lead to significant loss.However, the task of finding cutting-edge growth stocks is made easy with the help of the Z ...
Philip Morris International: Time to Buy the Ultimate Dividend Growth Stock?
The Motley Fool· 2024-07-28 09:00
There is plenty of room for this dividend to grow over the next decade.We have entered a new age of nicotine consumption. Led by Philip Morris International (PM 0.14%), consumers around the globe are turning from traditional cigarettes to safer ways to maintain their nicotine habits. The global tobacco giant is smartly cannibalizing its existing cash cow to position itself to dominate new markets in the coming decades.Reporting second-quarter earnings on July 23, Philip Morris showed strong growth yet again ...
Huge News For Philip Morris International Stock: Here's What Comes Next
The Motley Fool· 2024-07-27 22:08
The tobacco giant is replacing profits with new nicotine products.The last few years have seen a ton of disruption in the nicotine space. After decades of stable market share from cigarettes, cigars, and chewing tobacco, companies are innovating and changing the sector with new nicotine products that reduce tobacco-related health risks. One company is investing in both sides of the industry: Philip Morris International (PM 0.14%).The company is the owner of the international Marlboro brand. It has scooped u ...
Philip Morris International Just Raised Guidance Again. Is Now a Great Opportunity to Buy the Stock?
The Motley Fool· 2024-07-27 10:25
The stock offers solid growth and sports an attractive dividend yield.One of my favorite stocks in the consumer staple space, Philip Morris International (PM 0.14%), just reported strong second-quarter results and raised its full-year guidance once again. The stock is up over 16% year to date and sports a nearly 5% yield.Let's take a look at the tobacco company's most recent results and why the stock still looks like an attractive investment option.Zyn continues to lead the wayZyn continues to help power Ph ...
Philip Morris: Double-Digit Upside Still Possible - Thanks To Robust Tobacco Monetization
Seeking Alpha· 2024-07-26 16:00
Inok/iStock via Getty ImagesWe previously covered Philip Morris (NYSE:NYSE:PM) in May 2024, discussing why it remained a Buy for investors looking to buy the best of breed tobacco stock, with the Smoke-Free approaches already accretive to its top/ bottom-lines and long-term growth opportunities. Combined with the robust capital appreciation and dividend income prospects, with Seeking Alpha Quant still rating its dividend safety at B+, we believed that the stock's premium valuations over its peers and se ...
Philip Morris: Strong Sales, Lower Health Risks From Smokeless Products
Seeking Alpha· 2024-07-25 21:00
Baloncici Investment Thesis Historically, Philip Morris (NYSE:PM) has been synonymous with cigarettes and therefore chronic diseases like lung cancer and emphysema. Their major brands, including Marlboro, have been household names. However, the company's push towards smoke-free products in more recent years has marked a change in their business model to reduce the harm caused by smoking. As noted in their reports, the company is committed to becoming substantially smokeless by 2030, with smoke-free prod ...