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Tuesday, October 9, 2012

Philip Morris International

Philip Morris International is an approximately $157 billion dollar firm marketing cigarettes in almost 160 countries. The firm does not deal with the sale of cigarettes in the U.S., unlike another tobacco company, Altria. The tobacco company positions nearly 18.5x trailing earnings estimates, and almost 16x forward earnings estimates. The corporation’s income margin is 27 percent, and its operating margin … Continue reading

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