Top 5 Sin Stocks to Buy Now

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

Philip Morris International Inc. (NYSE:PM) is another quality dividend-paying tobacco stock like rival Altria Group, Inc. (NYSE:MO), which ranked seventh on this list. 50 hedge funds had the sin stock in their 13F portfolios on September 30, including First Eagle Investment Management. The fund said in its Q1 investor letter that Philip Morris’ strong balance sheet and pricing power will see it through not only the pandemic, but also the long-term transition from traditional cigarettes to newer alternatives like heated tobacco (IQOS), sales of which grew by 44% for Philip Morris last year.