Philip Morris International Inc. (PM): A Bull Case Theory

We came across a bullish thesis on Philip Morris International Inc. (PM) on Substack by Hidden Market Gems. In this article, we will summarize the bulls’ thesis on PM. Philip Morris International Inc. (PM)’s share was trading at $151.80 as of April 9th. PM’s trailing and forward P/E were 25.26 and 21.41 respectively according to Yahoo Finance.

Philip Morris International (PM) is exactly the kind of company that fits the current market environment. With rising trade tensions, sticky inflation, and economic nationalism making a comeback, investors are scrambling to find businesses that can hold up under pressure. PM doesn’t rely on global supply chains — most of its supply is already local in key markets. Tobacco is one of the few products that’s macro-proof: it’s addictive, habitual, and everywhere. Even as the company shifts focus toward its smoke-free IQOS line, it continues to show strong pricing power and resilience. While the broader market reacts to tariff threats, high interest rates, and public deficits, PM stays grounded. It doesn’t need perfect macro conditions to perform. It just works. For investors building a list of tariff-proof names — those with local revenue, essential products, and low exposure to global volatility — PM deserves serious attention. It’s stable, cash-generating, and unaffected by the noise.

Philip Morris International Inc. (PM) is not on our list of the 30 Most Popular Stocks Among Hedge Funds. As per our database, 102 hedge fund portfolios held PM at the end of the fourth quarter which was 75 in the previous quarter. While we acknowledge the risk and potential of PM as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is more promising than PM but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.

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Disclosure: None. This article was originally published at Insider Monkey.