Advertisement
Singapore markets closed
  • Straits Times Index

    3,176.51
    -11.15 (-0.35%)
     
  • Nikkei

    37,068.35
    -1,011.35 (-2.66%)
     
  • Hang Seng

    16,224.14
    -161.73 (-0.99%)
     
  • FTSE 100

    7,895.85
    +18.80 (+0.24%)
     
  • Bitcoin USD

    63,784.14
    -1,356.83 (-2.08%)
     
  • CMC Crypto 200

    1,371.97
    +59.35 (+4.52%)
     
  • S&P 500

    4,967.23
    -43.89 (-0.88%)
     
  • Dow

    37,986.40
    +211.02 (+0.56%)
     
  • Nasdaq

    15,282.01
    -319.49 (-2.05%)
     
  • Gold

    2,406.70
    +8.70 (+0.36%)
     
  • Crude Oil

    83.24
    +0.51 (+0.62%)
     
  • 10-Yr Bond

    4.6150
    -0.0320 (-0.69%)
     
  • FTSE Bursa Malaysia

    1,547.57
    +2.81 (+0.18%)
     
  • Jakarta Composite Index

    7,087.32
    -79.50 (-1.11%)
     
  • PSE Index

    6,443.00
    -80.19 (-1.23%)
     

A Bull Market Is Coming: 3 Reasons to Buy Philip Morris International Stock

A Bull Market Is Coming: 3 Reasons to Buy Philip Morris International Stock

Tobacco company Philip Morris International (NYSE: PM) was created when Altria Group (NYSE: MO) spun off its non-U.S. businesses in 2008. Philip Morris is a U.S. company that reports in USD; when the dollar is stronger than currencies in other foreign markets, the company takes an exchange rate hit on every dollar it brings in. Here are three reasons to consider buying Philip Morris stock today.