Philip Morris is soaring on the Zyn nicotine pouch craze and is now in a valid base, trading just below a buy point. The post This Tobacco Giant's Business Shift Moves It Near The Top Of The S&P 500 appeared first on Investor's Business Daily.
Data is abundant, if not overwhelming, on Wall Street. Between earnings season -- the six-week period when a majority of S&P 500 companies unveil their quarterly operating results -- and near-daily economic data releases, it can be easy to miss something important.
Philip Morris International has surged 66% in the past year, outperforming even Nvidia amidst a market shift towards quality investments. Zyn, the company's nicotine pouch product, is flying off the shelves. Zyn's popularity among fraternities and affluent younger consumers has led to massive supply shortages.
Tobacco stock investors don't have a lot of choices these days, so if you're looking to invest in one of these classic dividend payers, two of the first stocks that are likely to come up on your radar are Altria (MO -1.15%) and Philip Morris International (PM -0.74%).
A friend of mine keeps posting every day about how much money she has lost in the stock market. I finally had to comment on her post: “Stop checking your account.
The stock market started strong in 2025, but in recent weeks, news of trade wars and tariffs has hammered the markets. Year to date, the S&P 500 is now down nearly 4.5%, and many investors are worried that there could be further declines coming.
The stock market has been selling off, and there is an increasing chance that the U.S. economy could be headed toward a recession. In fact, the Atlanta Federal Reserve is now predicting that Q1 gross domestic product (GDP) will decline by 2.1% after predicting a more than 2% gain in late February.
Forget the old adage “it takes money to make money.
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