- Why PMI believes that the tobacco industry remains an attractive investment;
- The strategies that the company believes will enable it to outperform the sector; and
- The company’s incremental growth opportunities
Philip Morris (PM) said its Marlboro e-cigarette has quickly captured 3% of Japanese tobacco sales.
After taking a breather from a rally, this undervalued tobacco giant is now a smart buy in an overbought market.
If Philip Morris continues to fall, it will produce a very low-risk buying opportunity for patient investors.