14 Stocks on Jim Cramer’s Radar

9. Philip Morris International Inc. (NYSE:PM)

Number of Hedge Fund Holders: 104

Philip Morris International Inc. (NYSE:PM) is one of the 14 stocks on Jim Cramer’s radar. Asking about Philip Morris International Inc. (NYSE:PM), a caller mentioned that they think the stock will go higher. Cramer replied:

“It’s a very, very good company, a very good stock. They’re trying very hard to get away from cancer sticks, so to speak. We know they’re doing that. I’ve met with the company. I was at a presentation that they made. I think that I’m not going to recommend the stock for precisely what you said, but I will tell you it is a very, very good company, and it’s a stock that has done very well and probably will continue. I just can’t get behind it because of what they do.”

Philip Morris (NYSE:PM) is a tobacco company that sells cigarettes and a range of smoke-free alternatives, including heat-not-burn, vapor, and oral nicotine products, along with related accessories. The company also develops wellness and healthcare offerings as part of its broader product portfolio.