Philip Morris' (PM) Focus on Smoke-Free Products to Aid in 2024

Philip Morris International Inc. (PM) has been treading well on its growth trajectory with its strategic pricing and focus on smoke-free alternatives in the face of soft cigarette volumes. Given consumers’ growing inclination toward reduced-risk products, this tobacco biggie is on track to become a majority smoke-free company by 2025.These upsides are likely to continue aiding this Zacks Rank #3 (Hold) company in solidifying its market position moving forward as well.Adding Leaves to the Growth StoryPhilip ...