The hunt for upside in this market is an ongoing one. It's hard, and it seems that with every passing week, some company is dropping from my list of acceptable investments.
It's rough - because I continue to receive cash, and I continue
Philip Morris: The Hunt For EPS Growth
Summary
- Investing in the market has become something like a hunt - even more so than a year or so ago, looking for the best potential investments and upsides.
- Upsides come in two shapes. We're either looking at EPS growth upside, valuation upside, or a combination of both. Philip Morris International is more of an EPS upside.
- This is not necessarily a bad thing, but it's not as appealing as a company with both types of investment upsides. However, there are reasons for this.
- Let me show you why I still view Philip Morris International as a "BUY" in this market.
Wolf Report is a senior analyst and private portfolio manager with over 10 years of generating value ideas in European and North American markets.
He is a contributing author and analyst for the investing group iREIT®+HOYA Capital and Wide Moat Research LLC where in addition to the U.S. market, he covers the markets of Scandinavia, Germany, France, UK, Italy, Spain, Portugal and Eastern Europe in search of reasonably valued stock ideas.
Analyst’s Disclosure:I am/we are long PM, MO, BTI. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
While this article may sound like financial advice, please observe that the author is not a CFA or in any way licensed to give financial advice. It may be structured as such, but it is not financial advice. Investors are required and expected to do their own due diligence and research prior to any investment. Short-term trading, options trading/investment and futures trading are potentially extremely risky investment styles. They generally are not appropriate for someone with limited capital, limited investment experience, or a lack of understanding for the necessary risk tolerance involved.
I own the European/Scandinavian tickers (not the ADRs) of all European/Scandinavian companies listed in my articles.
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