Long Position on PM @ $88.75 on 2/15/2024 (Fundamentals)

Philip Morris International Inc. (PM) operates as a tobacco company working to delivers a smoke-free future and evolving portfolio for the long-term to include products outside of the tobacco and nicotine sector.

The company's product portfolio primarily consists of cigarettes and smoke-free products, including heat-not-burn, vapor, and oral nicotine products primarily under the IQOS and ZYN brands; and consumer accessories, such as lighters and matches.

It also offers wellness and healthcare products.

Philip Morris International Inc. was incorporated in 1987 and is headquartered in Stamford, Connecticut.

Entry Point: $88.75

Trading Range: $0.81 - $9.62

Stop Loss: $84.35

Target Price: $97.00

Position closed on 3/17/2024 at price of $94.27 with a 6.22% gain in 31 days.

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