Philip Morris International (PM)
183.37
+4.34 (2.42%)
NYSE · Last Trade: Jun 11th, 5:34 PM EDT
The stocks in this article are all trading near their 52-week highs.
This strength often reflects positive developments such as new product launches, favorable industry trends, or improved financial performance.
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Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at Philip Morris (NYSE:PM) and the best and worst performers in the beverages, alcohol, and tobacco industry.
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In a sliding market, Philip Morris has defied the odds, trading up to $173.20 per share. Its 33.2% gain since November 2024 has outpaced the S&P 500’s 2.1% drop. This was partly thanks to its solid quarterly results, and the performance may have investors wondering how to approach the situation.
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The Benzinga Stock Whisper Index highlights five stocks seeing increased interest from readers and a look at what's next.
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Philip Morris is expanding its medical cannabis strategy via Aurora and Avicanna. What it means for the future of Big Tobacco in the cannabinoid space.
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