I like that gregoree and brumar believe in supernatural beings and spirit guides controlling everything. Where else would you find this sort of comic relief. Sort of like not smoking but owning PM and reaping in the dividends.
Philip Morris International Inc ( PM) through its subsidiaries manufactures and sells cigarettes and other tobacco products. The current market price is $78.77 with a dividend yield of 3.92%. PM has a 5-star S&P rating and outstanding fundamental data, including a ROA of 22.62% and ROE of 178.87%. Philip Morris International Inc. reported third quarter 2011 earnings per share, excluding special items, of 1.37, surpassing the Zacks Consensus Estimate of $1.23. Currently EPS is 4.71 with a P/E of 16.74x. This EPS is slightly lower than its competitor BTI, but revenue and net income are higher. Furthermore, compared with the prior-year period, Philip Morris’ earnings per share were up 36.4% excluding currency effect, attributed by price increases and strong volume growth in Asia. Not to mention PM is a juggernaut in the industry; as the largest global tobacco company, PM ranks first or second in every region of the world, where it operates. Also, I love this company because of the successful multi-brand strategy. The company has seven of the world’s top 15 brands, including Marlboro, the number one cigarette brand worldwide. This company has a solid foundation that is here to stay for the long run; therefore I believe this is a great stock to invest in for consistent long-term gains.
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