Philip Morris: Growth About To Accelerate

Philip Morris (PM) is poised to see increasing sales and earnings growth rates going forward, due to its success with its iQOS technology and an improving forex impact. Shares are not cheap right here, but due to a high dividend yield and a strong outlook, the company's shares could still be attractive.

For years, Philip Morris was battling with a weak top line performance that made the company's shares performed worse than the broad market:

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