Philip Morris: No Margin Of Safety

Philip Morris International (NYSE: PM ) delivered strong financial results for its fourth-quarter on Thursday that caused the firm's shares to surge 11% and reach a new all-time high. The tobacco company exceeded analyst expectations with regard to its EPS and wasAnalyst’s Disclosure: I/we have a beneficial long position in the shares of MO, PM, BTI either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation fo ...