Published On: May 1st, 2024Categories: Trade Ideas
In this investment case we take a closer look at the tobacco sector, where we have selected two top picks: Philip Morris International Inc. (PMI) and British American Tobacco Plc (BATS). In this report, we analyze in more details Philip Morris International Inc., where we especially like the solidity of its balance sheet, its focus on deleveraging and PMI’s leadership in reduced risk products, especially following the acquisition of Swedish Match.
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