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Philip Morris (PM) [hlAlert]

Buy PM
up 38.10 %

DailyFinance's Top 11 Value Stocks for 2011: Philip Morris International (PM)

Posted on: Saturday,  Jan 8, 2011  12:53 AM ET by DailyFinance's Top 11 Value Stocks for 2011

DailyFinance's Top 11 Value Stocks for 2011 rated Buy Philip Morris (NYSE: PM) on 12/30/2010, when the stock price was
$58.49. Since then, Philip Morris has gained 38.11% as of 10/16/2015's recent price of $80.78.
If you would have followed this DailyFinance's Top 11 Value Stocks for 2011's recommendation on PM, you would have gained 38.1% of your investment in 1751 days.

Philip Morris International Inc. (PMI) is an international tobacco company. The Company is a holding company that, through its subsidiaries and affiliates and their licensees, is engaged in the manufacture and sale of cigarettes and other tobacco products in markets outside the United States. Its products are sold in over 160 countries. The Company divides its markets into four geographic regions: European Union; Eastern Europe, Middle East and Africa; Asia, and Latin America. PMI?s portfolio comprises international and local brands. In September 2009, Swedish Match AB sold its South African operation, Swedish Match South Africa (Proprietary) Limited (SMSA) to Philip Morris International Inc.

Wall Street's average price target on the S&P 500 has it tacking on another 11% over the next 12 months, according to Bloomberg data -- with plenty of ups and downs along the way, naturally. That has us inclined to play defense in our 2011 stocks picks, with an eye toward bargain stocks paying generous, sustainable dividends.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/30/2010 4:00 PM Buy
1 year
as of 12/31/2010
1 Week down  -3.06 %
1 Month   
3 Months   
1 YTD down  -3.06 %

(*) Stock Price at the time of the recommendation.
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