leviticus1935

Phillip Morris International: A Hedge on U.S. Market Uncertainty

PM has classic business metrics that Buffett would find attractive. Would he own this stock? Depends on whether he would take on the international tobacco risk. There are few places in the public market where he can place $5 billion quietly (he can delay disclosure as he accumulates the stock). I wouldn't buy the stock hoping Buffett will buy it, however.