Jim Cramer on Philip Morris: “It’s Actually the Greatest Performing Stock”

Philip Morris International Inc. (NYSE:PM) is one of the stocks that Jim Cramer expressed thoughts on. Expressing their appreciation for the dividend, an investing club member inquired about the stock during the lightning round. Cramer remarked:

“It’s actually one of my favorites when it comes to a great stock. It’s just what they make, I can’t bear. It’s actually the greatest performing stock of all time, just so you know.”

Philip Morris International Inc. (NYSE:PM) manufactures and sells cigarettes and smoke-free products, including IQOS and ZYN nicotine brands. Cramer called it a “very good stock” during the June 9 episode. He said:

“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.”

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Disclosure: None. This article is originally published at Insider Monkey.