Philip Morris International Welcomes Broad Interest for PMI IMPACT; New Global Initiative to Fight Smuggling and Related Crimes Receives over 200 Project Proposals in First Funding Round
Our top managers continue to focus on higher-quality businesses, with dividend-paying stocks like Philip Morris International rising to the forefront during the most recent period.
We don't expect to make any significant changes to our fair value estimate for Altria MO following the release of fourth-quarter and full-year results by the firm. While the company's core tobacco franchises, Philip Morris USA and Philip Morris International , performed well in 2006, Altria's ...
If investors can get past valuations in the consumer staples sector, there are a raft of low-cost ETF options offering access to the space.
Large growth fared best, while funds with heavy energy stakes collapsed.
As consumer spending slows, investors should focus on companies that enjoy strong brand intangible assets or sustainable cost advantages.
Investor returns could suffer if growth slows and valuation multiples contract from lofty levels.