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Actionable news in PM: PHILIP MORRIS INTERNATIONAL Inc,

Buy Philip Morris

Philip Morris International (PM) is set to report second-quarter earnings results before the opening bell Tuesday. The New York-based company has seen its shares rise about 6% since the last time I discussed the company. During that span, its shares have moved from around $98 to a recent high of $104.20. That's not a breathtaking return. But Philip Morris is seeing its estimates rise both for 2016 and 2017.

The fact that estimates are rising following...


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