Philip Morris International Inc. (PM) has seen quite a rally with stakeholders capitalizing on its steadily increasing value. Financial management firms from
Rathbones Group to
Westpac Banking Corp,
Russell Investments Group to
HighTower Advisors have substantially increased their holdings. The company’s shares hit an all-time high following impressive earnings reports, fostering an environment of buoyant growth. The “
Invested in America” campaign, highlighting US manufacturing and a future turning away from traditional cigarettes is a part of PM's ongoing transformation. Despite PM's record smoke-free earnings, the
ZYN business, which significantly banked on high sales expectations, suffers a backlash as sales miss targets prompting a drop in stock. However, financial pundits predict a
trend reversal, suggesting it would be wise to keep the PM stock in the portfolio even ahead of its Q2 earnings due to a predicted 9.0% earnings per share (EPS) beat. PM's unveiling of heated tobacco and nicotine pouches is expected to reinforce its leading market position. The lower-than-expected volumes of ZYN pouches make investors nervous, leading to divergent opinions on whether to buy the dip or take the money and run.
Philip Morris International PM News Analytics from Tue, 25 Mar 2025 07:00:00 GMT to Sat, 16 Aug 2025 23:20:56 GMT -
Rating 8
- Innovation 7
- Rumor 6
