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There Has Never Been A Bad Time To Invest In Philip Morris [Seeking Alpha]

PHILIP MORRIS (PM)  More Company Research Source: Seeking Alpha
Last philip morris earnings: 4/19 06:59 am Check Earnings Report
US:NYSE Investor Relations: pmi.com/investor-relations/overview
PDF Summary For generations, Philip Morris (NYSE: PM ) has been the best performing stock in the entire stock market universe. They have dominated their industry despite legal and ethical challenges, and today they are setting the stage for the next level of domination as they move into reduced risk products. The company has rewarded shareholders with decades of dividend growth and shareholder friendly share repurchases. Quite simply, there has been no time in history where a long term oriented investor would have not done well owning this company. Back in 2005 Ben Bernanke stated that the only stock he owned was Philip Morris. Jeremy Siegel, who wrote the book Stocks For The Long Run , writes that Philip Morris was the best performing stock between 1925 and 2007, turning a $1,000 investment with dividends reinvested into a $380 million fortune during that time period. Since 2007 when the book's data stops, if we look at the charts of Altria (NYSE: MO ) and Philip Morris, we ca [Read more]

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