Philip Morris International Hits All-Time Highs. Is It Too Late to Buy the Stock?

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 ...