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Compiling comments that experts make about stocks while on public TV.

2017-05-19

Opinion for Philip Morris International (PM-N)

Signal Price Bias Subject Owned
HOLD $114.740 BULLISH US EQUITIES Unknown

Tobacco stocks have been tremendous performers post the crisis, not only because they are a fairly stable industry, they give a tremendous dividend and grow it. In an environment of low interest rates, people are looking for yield, and this has definitely been a safe haven. There is consolidation going on in the industry, which provides a floor for the stock.

John Petrides
Managing Dir. & Portfolio Manager, Point View Wealth Management

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