Why Philip Morris International Inc. (PM) is Surging in 2025

From Yahoo Finance: 2025-04-30 07:25:00

Consumer defensive stocks are on the rise in 2025 amid market uncertainty. Philip Morris International Inc. (NYSE:PM) stands out with a 24.6% increase in diluted earnings per share and a 5.8% rise in net revenues. The company’s smoke-free business segment is driving growth, leading to a raised full-year EPS forecast of $7.01 to $7.14.

With 102 hedge fund holders in Q4 2024, PM stock has surged 41.81% year-to-date. PM ranks 6th on the list of consumer defensive stocks surging in 2025. Despite its potential, AI stocks are seen as offering greater promise for higher returns within a shorter timeframe.



Read more at Yahoo Finance: Why Philip Morris International Inc. (PM) is Surging in 2025