Phillip Morris International: Priced For 10-12% Total Returns Moving Forward
Philip Morris now trades at the same share price as it did in early 2012. However, it is a much different business than it was back then. Despite continued FX headwinds, the momentum of IQOS has begun to generate top line growth. Combined with a high-yielding dividend, Philip Morris appears poised to finally begin a new era of growth.
News story posted on 2020-01-29T05:37:00.0000000Z
