Philip Morris International Inc. (PM) is a large-cap multinational tobacco company with a market cap of around $243.6 billion. PM stock is currently trading 16.2% below its 52-week high, down 6.1% over the past three months. The company’s push into smoke-free products like ZYN nicotine pouches and IQOS heated-tobacco units has boosted revenues and margins. PM stock has a consensus rating of “Strong Buy” with a mean price target of $187.38, suggesting 19.7% upside potential ahead. In comparison, its rival Altria Group, Inc. (MO) has underperformed PM in the market.

Read more at Barchart: Is Philip Morris International Stock Outperforming the S&P 500?