Philip Morris International is the leading international tobacco company, with products sold in over 160 countries. They own 7 of the top 15 brands in the world and have a strong mix of international and local products that seek to appeal to a wide array of adult smokers.
Technical Factors:
- 100% Barchart technical buy signal
- 15 new highs and up 9.88% in the last month
- Relative strength Index is 82.79% and climbing
- Trades around 62.51 with a 50 day moving average of 58.44
Fundamental Factors:
- Wall Street brokerage analysts have written 12 buy and 4 hold recommendations to clients
- Sales expected to increase by 6.20% this year and 4.40% next year
- Earnings are projected to increase by 14.20% this year, 10.90% next year and 9.53% annually for the next 5 years
- While waiting for price appreciation you get a 4.00% dividend
Investor Sentiment:
- Motley Fool Caps members vote 2344 to 48 that the stock will beat the market
- All Stars agree by a 731 to 7 vote
- Fool notes that the last 18 articles by Wall Street columnists have all been positive
Jim Van Meerten is a portfolio advisor to Marketocracy Capital Management. He shares his knowledge and experience from over 40 years of investing in stocks, mutual funds and ETFs on Barchart.com in his daily blog -- Barchart Portfolio Blogs.
Through Marketocracy Capital Management you can have a Separately Managed Account that mirrors his Barchart Van Meerten New High portfolio.
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