Stock Alert for Philip Morris Companies (MO)

Time: 6/01/2010 12:30:00 AM
Philip Morris, which covers all foreign operations split from Altria Group MO in early 2008, has been one of my best ideas for high current yield (5.2%) and solid revenue growth for some time. The only thing missing so far has been a safety margin against the biggest risk facing the enterprise: unfavorable currency movements. Now that these currency movements are upon us, and the price of Philip Morris shares fell below my purchase price dividend of $ 45,

I think that increases by 7% per year going forward


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