NYSE:PMTobacco
Philip Morris Targets Smoke Free Majority As Valuation Shows Apparent Discount
Philip Morris International (NYSE:PM) is accelerating its shift away from combustible cigarettes toward smoke free products.
The company is highlighting rapid growth for its oral nicotine brand Zyn as a key part of this transition.
PMI has expanded smoke free offerings into more than 100 markets as part of this push.
The company has set an internal target for around two thirds of its revenue to come from smoke free products by 2030.
For you as an investor, this marks a meaningful phase for...