Philip Morris Stock Surges on Smoke-Free Success
Update: 2025-11-27
Description
Philip Morris International, a leading global tobacco company, is experiencing a surge in its stock performance, driven by its successful transition into smoke-free products and strong traditional cigarette sales. Despite a recent dip, the companys stock has seen an impressive 18.3% increase over the past year and a 30% rise since the start of 2023, outpacing the broader market. Analysts are bullish on the company, with 14 analysts rating it as a Strong Buy and predicting a nearly 20% potential increase in its value.
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