Philip Morris Stock Has 24% Upside, According to 1 Wall Street Analyst
PMI(PM) The Motley Fool·2024-04-28 22:24
Its products might be controversial, but the company has many admirers in the investment community.Despite their reputation as "sin stocks," tobacco company shares have historically enjoyed rather wide popularity among investors. Many investors like them because of their high margins, robust cash flow, and the high dividends they typically pay. That outsized interest helps explain why more than a few analysts are bullish on the sector.Tobacco industry mainstay Philip Morris International (PM -1.11%) was the ...