Deej's Top Pick Update: The World's Top Investors are Juming into Philip Morris International
According to a recent article in Forbes, tons of the best investors that its Marketocracy's M100 newsletter tracks the purchases of are "aggressively" buying shares of Philip Morris International (PM), putting more money into it than any other stock right now. I have been closely following this stock since I did a full write up on it back in November, PMI / Altria: Poised to Smoke the Market, and I own shares of both PM and MO in real life and in CAPS. Things are progressing as planned, since I did my extensive write-up on the company so I don't have a lot of new information to add right now. If you don't mind investing in a company that sells tobacco products definitely make sure to check PM out. I stongly believe that it will outperform the major indicies over the next several years.
Forbes article: Gurus Smoke It Up
Long PM & MO