Philip Morris International Stock: 7 Straight Green Days, Up 8.3%
Philip Morris International (PM) stock is on a 7-day winning streak, up 8.3% since the run began. That added about $24.0 billion to the company’s market value, which now stands at about $314.7 billion. The stock closed at $202.00 on Monday, October 12, its highest close of the past year.
The Streak Next To The S&P 500
Returns for PM and the S&P 500 over the streak and the periods around it, all ending Monday, October 12 and including dividends:
| Return Period | PM | S&P 500 |
|---|---|---|
| 1 Day | 0.4% | -0.1% |
| 7 Days (Current Streak) | 8.3% | 1.9% |
| 1 Month (21 Trading Days) | 6.6% | 2.0% |
| 3 Months (63 Trading Days) | 15.8% | 3.8% |
| Year To Date | 29.2% | 15.1% |
| 1 Year (252 Trading Days) | 33.3% | 17.3% |
How The Streak Compares With The Market
Over the same 7 trading days, the S&P 500 returned +1.9% including dividends, so the run is mostly Philip Morris International’s own story rather than the market’s. 10 other S&P 500 stocks are currently on winning streaks of 7 days or longer. Over the past three months the stock is up 15.8%, a window that includes the streak; over the other 56 sessions of that window it was up 7.0%.
Is The Business Keeping Up With The Stock?
On the fundamentals, revenue grew 8.9% over the last twelve months, against a median of 4.8% for S&P 500 Consumer Staples stocks; its operating margin is 37.7%, versus a median of 15.2%; and the stock trades at 28.9 times trailing earnings against a median of 22.2. On these numbers the run has substance behind it: revenue growth above the median and margins above the median.
If you are looking for strength with more behind it than a hot tape, our Guidance Momentum screen surfaces the names where management raised its own outlook.
For anyone who would rather back the theme than one company, a consumer staples ETF like XLP holds the whole group, not just this stock. It is still a concentrated bet on one theme, which is the gap the portfolio below is built to close.
One Hot Stock Is A Story. Thirty Sound Ones Are A Strategy
A streak like this earns a place on your watchlist, and it also earns a question: how much of your outcome do you want depending on one company keeping this up?
The Trefis High Quality (HQ) Portfolio answers it with breadth: roughly 30 businesses picked for consistent cash generation, strong margins, and balance-sheet strength, sized and rebalanced by rules. It has a track record of outpacing a benchmark that combines the S&P 500, the S&P MidCap 400, and the Russell 2000. Follow the story; invest in the strategy.