6Mon.
I wouldn't ever buy Philip Morris stocks
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@jlrebelo why?
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6Mon.
@RealMichaelScott I don't think that industry will grow in my lifetime. And also their products are not very good to people's health... 😆
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•@jlrebelo the health argument is of course very valid. It is a personal choice if you invest in any military stocks, fast food business or sugar heavy food companies like Coca Cola. And it is the same for tobacco companies.
On the other hand I think that PM has a business segment that will heavily grow in the next years and that is the whole IQOS and ZYN segment of lower risk consumables.
On the other hand I think that PM has a business segment that will heavily grow in the next years and that is the whole IQOS and ZYN segment of lower risk consumables.
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6Mon.
@RealMichaelScott I'm not in US, but in europe people have less and less tabagistic habits, and because of that I don't see that market with good perspective... In other hand coca-cola is not good to health either, but I can't imagine coca-cola to be replaced by something else...
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