Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Investors Business Daily
Investors Business Daily
Business
INVESTOR'S BUSINESS DAILY and JULIE MAK

Philip Morris International Stock Shows Rising Relative Strength

In a welcome move, Philip Morris International stock saw its Relative Strength Rating improve from 70 to 73 on Wednesday.

When looking for the best stocks to buy and watch, one factor to watch closely is relative price strength.

IBD's proprietary rating identifies share price action with a 1 (worst) to 99 (best) score. The score shows how a stock's price performance over the last 52 weeks compares to all the other stocks in our database.

Over 100 years of market history shows that the market's biggest winners tend to have an RS Rating of above 80 as they launch their largest climbs. See if Philip Morris International can continue to rebound and clear that threshold.

Looking For The Best Stocks To Buy And Watch? Start Here

Is Philip Morris International Stock A Buy?

Philip Morris International is working on a consolidation with a 109.91 entry. See if it can clear the breakout price in heavy trade. Read "Looking For The Next Big Stock Market Winners? Start With These 3 Steps" for more tips.

 

The tobacco company posted -6% EPS growth in its most recent report, while sales growth came in at 0%. Look for the next report on or around Oct. 19.

Philip Morris Internationals stock holds the No. 1 rank among its peers in the Tobacco industry group.

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.