Philip Morris: A Good Defensive Bet With Another 10% Gain Expected
- Wednesday, September 23, 2020, 7:14
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Even after being a part of a largely defensive sector, Philip Morris stock saw an impressive rise of 30% from its March 2020 lows of this year. Despite such a healthy rise, at the current price of $78, we believe PM’s stock is still undervalued. The stock has increased from $60 in March to $78…