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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.