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#25. Philip Morris International Inc (PM) — 17% UPSIDE

Company Name:  Philip Morris International Inc
Sector:  Cigarettes & Tobacco

Philip Morris International is a holding company. Through its subsidiaries, Co. is an international tobacco company engaged in the manufacture and sale of cigarettes, as well as smoke-free products, associated electronic devices and accessories, and other nicotine-containing products in markets outside the U.S. Co. has a range of reduced-risk products in various stages of development, scientific assessment and commercialization. Co.'s IQOS smoke-free product brand portfolio includes heated tobacco and nicotine-containing vapor products. Co.'s smoke-free platform is a controlled device into which a heated tobacco unit is inserted and heated to generate an aerosol. The median 12 month forward target price among analysts covering PM is $108.0/share.

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