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If You Have to Buy a Cigarette Maker, Here Are 3 Reasons Why It Should Be Philip Morris International Stock
PMPMI(PM) The Motley Fool·2024-08-05 08:40

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 ...