Valued at a market cap of $281.1 billion, Philip Morris International Inc. (PM) is a global tobacco company focused on delivering a smoke-free future. The company offers a wide range of cigarettes and smoke-free products, including heat-not-burn, vapor, and oral nicotine brands such as IQOS and ZYN.
Companies valued at $200 billion or more are generally considered "mega-cap" stocks, and Philip Morris fits this criterion perfectly. As part of its long-term strategy, Philip Morris is expanding its portfolio beyond tobacco and nicotine products.
