Workflow
PM Stock Rallies 30% in 6 Months: What Should Investors Do Next?
PMPMI(PM) ZACKS·2024-11-21 15:26

Philip Morris International Inc.’s (PM) shares have surged 30.1% in the past six months as the company continues to benefit from its transition into the smoke-free market in response to increasing health awareness and tougher anti-smoking laws. PM's stock has surpassed the industry’s growth of 24.5% during this period. Philip Morris is trading above its peers, including Altria Group, Inc. (MO) and British American Tobacco p.l.c. (BTI) , which have seen gains of 20.9% and 17.9%, respectively, over the same p ...