Philip Morris International second-quarter results handily beat expectations.
The results, forward guidance, and hefty dividend make the tobacco titan an attractive investment.
By Diane Alter, Contributing Writer, Money Morning -
Philip Morris International second-quarter results handily beat expectations.
The results, forward guidance, and hefty dividend make the tobacco titan an attractive investment.
By Diane Alter, Contributing Writer, Money Morning -
Philip Morris International second-quarter results handily beat expectations.
The results, forward guidance, and hefty dividend make the tobacco titan an attractive investment.
By Jim Bach, Associate Editor, Money Morning • @JimBach22 -
If you’re looking to invest in e-cigs right now, or trying to find pure play e-cig stocks, you may be disappointed.
That’s not to say the market is barren. There is a lot of room for growth. But to invest in e-cigs, there needs to be a viable public company out there.
However, there are many promising developments that investors need to keep watching…
By Jim Bach, Associate Editor, Money Morning • @JimBach22 -
Philip Morris (NYSE: PM) stock fell marginally on an earnings release that revealed slowing sales for the third quarter.
Sales fell 0.9%, and earnings per share were down more than 4%. This and the flat returns of the stock may deter some investors from buying PM.
But those investors would miss out on this profit play that the tobacco giant offers...