Philip Morris International (NYSE:PM)
CAPS Rating:
The company manufactures and sells cigarettes and other tobacco products in markets outside of the United States.
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The company manufactures and sells cigarettes and other tobacco products in markets outside of the United States.
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Cigarettes, developing economies, for every one giving up in he west ten are taking up smoking in the east. Debt is high but, with the current revenue, and low capital expenditure requirements it is manageable.
It may not be pretty or ethical...but it sure is profitable!
Remember my friend cigs are a LEGAL product. There is nothing unethical about investing in a legal product.