15 Best Non-Tech Stocks to Buy According to Billionaires

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

Number of Billionaire Investors: 22

Number of Hedge Fund Holders: 104

Philip Morris International Inc. (NYSE:PM) ranks among the best non-tech stocks to buy according to billionaires. Citi kept its Buy rating on Philip Morris International Inc. (NYSE:PM) and increased its price target from $188 to $200 on July 10. In the second quarter of 2025, the firm predicts that Philip Morris will show exceptional results across all of its businesses, with robust ZYN volumes bolstered by the capacity that got back online in late March.

Citi also forecasts operating income growth of 11% and organic sales growth of 7% for the second quarter, both of which are comfortably within the company’s guidance ranges. Additionally, the firm expects Q2 adjusted earnings per share to be $1.86, higher than the company’s indicated range of $1.80 to $1.85.

Citi expects Philip Morris International Inc. (NYSE:PM) management to stick to its full-year organic revenue and operating income guidance ranges for the time being. However, it believes that recent improvements in foreign exchange will lead to an upgrade to the FY25 adjusted EPS range from $7.36-$7.49 to $7.45-$7.58.

Philip Morris International Inc. (NYSE:PM) is a global tobacco company that provides services to consumers in over 180 countries. With Marlboro as its signature product, the firm stands out among the titans of “Big Tobacco.”

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