Is Philip Morris Stock Outperforming the Nasdaq?

Stamford, Connecticut-based Philip Morris International Inc. (PM) is a tobacco company with a market cap of $291.1 billion. It offers cigarettes and smoke-free products, including heat-not-burn, e-vapor, and oral nicotine products. Companies valued at $200 billion or more are typically classified as “mega-cap stocks,” and PM fits the label perfectly, with its market cap exceeding this threshold, underscoring its size, influence, and dominance within the tobacco industry. The company is known for its strat ...