Posted on 02/20/2012 11:47:08 PM PST by Cronos
>I can't think of a stock that's more hated.
I've written about this company several times before. I've personally owned it for years. But just about every time I mention it, I end up receiving nasty emails admonishing the fact that I would cover... let alone recommend... investors own shares of this company.
In fact, it happens so often that I instruct our staff to put in a mention that this investment isn't for everyone whenever they cover it. If you don't want to invest in this stock, I can certainly understand. But if you have an open mind toward this black sheep, then you're likely to appreciate what it can do for you.
Simply take a look at its performance so far in 2011...
In a year marked by credit downgrades, the European debt crisis and stagnating growth, the most hated company on the planet -- Philip Morris International (NYSE: PM) -- is still making investors rich. And that comes when the broader market has been a roller coaster ride.
Unfortunately, I've noticed that more and more investors seem to be tricked into thinking investing has to be complicated. But stocks like Philip Morris prove that making money doesn't have to be hard.
Philip Morris doesn't have a complicated business model. It is simply one of the most dominant and shareholder-friendly companies on the planet. The company does business in 180 countries and owns seven of the world's top 15 global brands in its market.
But it has also made a mission of rewarding its shareholders. In the past three years alone, it has returned more than $12 billion in dividends while increasing the payments per share by 43%. Today, the shares pay a yield of more than 4%.
Then there are the buybacks. Since May 2008 the company has repurchased more than $20 billion in stock -- or nearly 20% of the outstanding shares.
All of these moves simply make the stock more valuable, even if earnings don't rise a cent. And as you can see, that's showing up in the share price as well.
I must admit, I'm a bit biased though. I personally own Philip Morris and also selected it as one of my "10 Best Stocks to Hold Forever."
Of course, with investing there's never a surefire thing. There's no quality a company can possess that will guarantee its success.
Action to Take -- > But when you can find companies like Philip Morris that dominate their market and are returning billions to investors, these are the sort of stocks that can still deliver strong returns in nearly any market -- including this one.
If you include them, the S&P earnings grew 8.4%. Exclude them, and it only grew 5.3%
Vice Mutual Fund
http://www.usamutuals.com/vicefund/phil.aspx
Most hated corporation is Phillip Morris?
I thought it was Haliburton?
Or Ben & Jerry’s!
Kinder Morgan Energy Partners L.P.(KMP). Yield at current price = 5.18%. Dividend has been raised in 42 of the last 47 quarters.
10 year chart
yitbos
My mistake.
I thought Halliburton was the most hated company in the world? Even though Slick Willy Clinton chose them for work in the Balkans.
Anyone know what the ten best stocks are without us having to listen to a 30 min video?
I have been very pleased with the tracks of three Vanguard funds VMMSX (Emerg Mkts select), VGPMX (precious metals & mining) and VGENX (energy - NOT green energy.) These three funds, all managed, have a way of hedging each other, and are in themselves a hedge (or represent) a hedge against the Dow and S&P 500. Might be worth a look. I am staying in for the next few years at least and am happy to be “away” from the volatility of the NYSE’s “favorites.” These stocks ARE volatile, but in a way which seems to counterbalance prevailing ups and downs. Yes, I know VMMSX has been roundly criticized, and that’s part of why I believe it is a smart choice. Your thoughts welcome.
Well, there was one analyst who stated that, if AAPL were valued as any other company, its share price is headed to $2,300 ...
http://www.youtube.com/watch?v=fIN8MmMloZE
SMOKE! SMOKE! SMOKE! (THAT CIGARETTE)
“”Now I’m a feller with a heart of gold
And the ways of a gentleman I’ve been told
The kind of guy that wouldn’t even harm a flea
But if me and a certain character met
The guy that invented the cigarette
I’d murder that son-of-a-gun in the first degree
It ain’t cuz I don’t smoke myself
And I don’t reckon that it’ll harm your health
Smoked all my life and I ain’t dead yet
But nicotine slaves are all the same
At a pettin’ party or a poker game
Everything gotta stop while they have a cigarette
Smoke, smoke, smoke that cigarette
Puff, puff, puff and if you smoke yourself to death
Tell St. Peter at the Golden Gate
That you hate to make him wait
But you just gotta have another cigarette
Now in a game of chance the other night
Old Dame Fortune was a-doin’ me right
The kings and the queens just kept on comin’ round
And I got a full and I bet ‘em high
But my bluff didn’t work on a certain guy
He just kept on raisin’ and layin’ that money down
Now he’d raise me and I’d raise him
I sweated blood, gotta sink or swim
He finally called and didn’t even raise the bet
So I said “aces full Pops how ‘bout you?”
He said “I’ll tell you in a minute or two
But right now, I gotta have me a cigarette”
Smoke, smoke, smoke that cigarette
Puff, puff, puff and if you smoke yourself to death
Tell St. Peter at the Golden Gate
That you hates to make him wait
But you just gotta have another cigarette
(Ah, smoke it! Hah! Yes! Yes! Yes!)
The other night I had a date
With the cutest little girl in the United States
A high-bred, uptown, fancy little dame
She loved me and it seemed to me
That things were ‘bout like they oughta be
So hand in hand we strolled down lover’s lane
She was oh so far from a cake of ice
And our smoochin’ party was goin’ nice
So help me cats I believe I’d be there yet
But I give her a kiss and a little squeeze
And she said, “ah, Marty, excuse me please
I just gotta have me another, cigarette”
And she said, smoke, smoke, smoke that cigarette
Puff, puff, puff and if you smoke yourself to death
Tell St. Peter at the Golden Gate
That you hate to make him wait
But you just gotta have another cigarette.””
Okay. But what is the actual price of PM stock?
Never mind. I found it. $81.64 as of 2/17/12.
P/E is 18.64
Is that a decent P/E?
that’s a low P/E ratio. Tech stocks are higher.
Ben and Jerrys far leftist...wouldn’t buy their ice cream under any circumstances...they make a fortune in this country and hate it...
I’ll be glad to buy him all the cigarettes he can smoke.
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