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ws1936
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  • Goldman Sachs report on Philip Morris (PM +2%) that backed up its upgraded rating to Buy contains some insight on what the next big development for the company could be down the road. A new product with a target launch of 2016 mimics the experience of smoking without the harmful effects. Though it's been tried before, Philip Morris might take the "next-generation product" to the next level by catering it for the gigantic Chinese market. [View news story]
    Bank director for 25 years---Mutual fund trustee for 22 years with over 20B in assets under management. Am now retired. The potential for Phillip Morris is without a doubt in my mind, amoung the best in the S&P for many years to come. The water vaper nicotine product might very well revoulotionize this industry.
    Jan 11 02:32 PM | 4 Likes Like |Link to Comment
  • 4 Overvalued Tobacco Stocks [View article]
    Really Bad! The writer does not understand accounting. The reason for declining book value is because of the way GAP accounting handles repurchase of company shares by the company. Get your facts correct!!...
    Jun 24 11:25 PM | Likes Like |Link to Comment
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