Need a Cheap Stock With Solid Returns? Try Phillip Morris International!

Sometimes investors find stocks whose price tag doesn’t reflect their true value. Stocks whose performance show prospects for great returns, yet they’re dealing for cheap prices. 

It is at these times that investors should consider buying these stocks. Best case scenario, time will change things, and its price tag will soon show its true value. 

Of course, you still need to make your fair share of research to ensure that it’s the right stock to invest in. So, to help you in the matter here’s some information related to a stock we believe fits the description. With no further ado, here’s Philip Morris International (NYSE:PM).

Phillip Morris International Knows Its Business, and It Shows

Philip Morris International is a cigarette and tobacco manufacturing company, with a presence in over 180 countries. As a matter of fact, it’s the company behind the widely known Marlboro brand.

For those who don’t know about it, the tobacco industry has always been a staple of the stock market. Why? Because it always manages to come up with stable profits. 

If that wasn’t enough, here’s something that makes Philip Morris stand out. It also deals in tobacco-alternative products, so its revenue streams are always more diversified from those of its competitors. 

As part of this initiative, the company has shown interest in acquiring several inhaled medication companies. This is something that will help mitigate the dangers of its consumable products and promote better health at a wider scale.

Not to mention, it will strengthen its reputation amidst investors who remain skeptical about tobacco products. 

Right now, analysts expect the entire tobacco industry to increase by 2.5% every year up until 2025. Moreover, Philip Morris expects its individual shares to increase by 50% when 2025 arrives.

Finally, its price-to-earnings ratio currently stands at 14.