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.

[caption id="attachment_516125" align="aligncenter" width="750"]addictive, asthma, box, cancer, carcinogens, cigarette, cigarettes, copd, death, disease, editorial, filter, health, lung, marlboro, mo, morris, nicotine, pack, philip, smoke, smoker, tar, tobacco Copyright: jetcityimage / 123RF Stock Photo[/caption]

Philip Morris International (PM) is exactly the kind of company that fits the current market environment. With rising...