Zacks Investment highlighted Exxon Mobil, Philip Morris International and AT&T as investment ideas. In recent news, Philip Morris International (PM) declared a regular quarterly dividend of $1.35 per share, while February 2025 options for PM have started trading. With a robust third quarter, PM's shares soared, further maintaining the $1.35 dividend, with smoke-free products reaching a 38% revenue milestone. Such performance has led to PM hitting all-time highs, thereby instigating a 70% rise in Philip Morris's stock. An affiliate of PM in the U.S. is set to create 500 jobs while investing $600 million in a manufacturing facility in Aurora, Colo. Institutions are interested in PM's earnings and it remains a top pick for billionaire Stanley Druckenmiller. PM has recently reported results for the third quarter of 2024, raising its EPS guidance. PM's record revenues were driven by smoke-free products and a notable increase in nicotine pouch sales. Despite some bearish signals and insider stock disposals, PM's guidance is promising and show a good visibility for future performance.
Philip Morris International PM News Analytics from Tue, 23 Apr 2024 07:00:00 GMT to Thu, 26 Dec 2024 16:01:00 GMT -
Rating 9
- Innovation -6
- Information 7
- Rumor -3
