Philip Morris International Inc. (PM): Today's Featured Tobacco Winner
The
industry closed the day up 2.2%.
(
) and
Alliance One International Inc
(
) were all winners today within the tobacco industry with
Philip Morris International Inc
(
) being today's featured tobacco winner. Philip Morris International Inc rose $1.96 (2.9%) to $70.80 on average volume. Throughout the day, 10.3 million shares of Philip Morris International Inc exchanged hands as compared to its average daily volume of 9.7 million shares.
Philip Morris International Inc., through its subsidiaries, manufactures and sells cigarettes and other tobacco products. Philip Morris International Inc has a market cap of $122 billion and is part of the
sector. The company has a P/E ratio of 15.1, above the average tobacco industry P/E ratio of 14.7 and below the S&P 500 P/E ratio of 17.7. Shares are up 17.6% year to date as of the close of trading on Tuesday.
TheStreet Ratings rates Philip Morris International as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, expanding profit margins, good cash flow from operations and solid stock price performance. We feel these strengths outweigh the fact that the company has had generally poor debt management on most measures that we evaluated.
- You can view the full Philip Morris International Ratings Report.
- Use our tobacco section to find industry-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the tobacco industry could consider
PowerShares Dynamic Food & Beverage
(
) while those bearish on the tobacco industry could consider
PowerShares DB Agriculture Sht ETN
(
ADZ
).
- Find other investment ideas from our top rated ETFs lists.
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