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What is Philip Morris’ (PM) Economic Moat, and is it Widening or Narrowing?
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What is Philip Morris’ (PM) Economic Moat, and is it Widening or Narrowing?
Philip Morris International Inc. (NYSE:PM) closed at $201.19 on October 9. The stock has returned 25.4% during the last 6 months, compared to a 33.9% return for the Insider Monkey Billionaire Index and 18.2% for the State Street SPDR S&P 500 ETF Trust. The company's stated plan is to stop selling…
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