Philip Morris - shares on the rise thanks to move beyond conventional cigarettes
- Stock Growth: Philip Morris International $PM has gained +86% over the past 12 months, largely due to a strategic shift toward alternative nicotine products.
- Key growth drivers:
- IQOS (heated tobacco) - growing rapidly in global markets.
- Zyn (nicotine sachets) - becoming the market leader in oral nicotine, particularly in the US.
- Dividend outlook: With stable cash flow and growing earnings outside of traditional tobacco, the company has a strong foundation for further dividend increases.
- Strategy: The company has been successful in diversifying its product portfolio and reducing its reliance on cigarettes - something investors value as a defensive but growth bet.
If I wanted to invest in a company like that, I'd rather choose $MO. The performance is better and I like the business better too.
Until recently, I had a portfolio of $MO, but I sold the entire position and moved the money into growth stocks.
Super stock for some diversification, but the growth doesn't look very interesting to me.
I have $BTI, $MO in my portfolio and I am very happy. The stocks in this sector are rising really nicely right now and when you add the dividend, the performance is great.