Markets

Insider Trading

Hedge Funds

Retirement

Opinion

Philip Morris International (PM): A Bull Case Theory

We came across a bullish thesis on Philip Morris International on WorldlyInvest's Substack. As of 2ⁿᵈ July, Philip Morris International's share was trading at $175.91. PM's trailing and forward P/E were 27.70 and 24.43 respectively according to Yahoo Finance.

[caption id="attachment_381273" align="aligncenter" width="750"] Diego Cervo/Shutterstock.com[/caption]

Russo views Philip Morris International (PM) as one of the most remarkable examples in the author's portfolio of a company with the capacity to reinvest and transform itself. Over the past 14 years, PM has invested...