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The company manufactures and sells cigarettes and other tobacco products in markets outside of the United States.
This is a "Giant Tortoise Stock." Like a giant tortoise, It may be big and slow, but it has a hard shell (economic moat), can swim far (enter into new and emerging markets and industries), and live long.
I like your "Giant Tortoise" analogy! I own PM in real life, figuring that if it's ok for the government to profit off addiction, it's ok for me to do so as well.
Can anyone tell me why such a cash generative compnay has so much debt? Also can you tell me what direction PMs debt is going?
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