Enterprising Investor Forum

Philip Morris International Thursday, April 24, 2008

We already talked about Philip Morris International (PM) in our post on Altria (here).

Now that it is trading as a stand alone company, it can take full advantage of their strong brand and products. Again, remember that Marlboro generates more sales volume than the next 10 biggest brands in the US and current projections for the growth of world-wide cigarette consumption are for between 1 and 3% annually for the next two decades or so. Furthermore, it appears that they are close to recieving the final go-ahead for China, which makes the US market look small!

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