The Relative Strength (RS) Rating for Philip Morris International stock climbed into a higher percentile Tuesday, as it got a lift from 70 to 74.
When looking for the best stocks to buy and watch, one factor to watch closely is relative price strength.
IBD's unique rating tracks price action with a 1 (worst) to 99 (best) score. The grade shows how a stock's price movement over the trailing 52 weeks holds up against all the other stocks in our database.
History reveals that the market's biggest winners typically have an RS Rating of at least 80 as they begin their biggest price moves. See if Philip Morris International stock can continue to show renewed price strength and clear that threshold.
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Is Philip Morris International Stock A Buy?
Philip Morris International stock is working on a cup without handle with a 105.72 buy point. See if the stock can break out in heavy trading. Read "Looking For The Next Big Stock Market Winners? Start With These 3 Steps" for more tips.
In terms of top and bottom line numbers, Philip Morris International stock has posted rising EPS growth in each of the last two reports. Sales growth has been less impressive, coming in at -4% in the most recent quarterly report. The company is expected to release its next quarterly numbers on or around Apr. 20.
Philip Morris International stock earns the No. 6 rank among its peers in the Tobacco industry group. Universal Corp and Turning Point Brands are also among the group's highest-rated stocks.
