Is Phillip Morris International Stock a Buy?

·4-min read
Is Phillip Morris International Stock a Buy?

Philip Morris International's (NYSE: PM) stock recently hit a three-year high after the company posted strong first-quarter numbers and raised its full-year guidance. PMI was spun off from Altria (NYSE: MO) in 2008. PMI retained the company's overseas business, while Altria remained in the U.S.