Philip Morris's most recent trend suggests a bullish bias. One trading opportunity on Philip Morris is a Bull Put Spread using a strike $120.00 short put and a strike $115.00 long put offers a potential 7.07% return on risk over the next 8 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $120.00 by expiration. The full premium credit of $0.33 would be kept by the premium seller. The risk of $4.67 would be incurred if the stock dropped below the $115.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Philip Morris is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Philip Morris is bullish.
The RSI indicator is above 80 which suggests that the stock is in overbought territory.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for Philip Morris
The least-respected company in America is headquartered in San Francisco, according to a Barron's poll of money managers
Wed, 07 Jun 2017 02:21:56 +0000
A new survey of money managers has found that Wells Fargo is the nation's least-respected company, according to Barron’s annual ranking of 100 U.S.-based companies. The Washington Post reports that Wells Fargo ranked lower this year than two Big Tobacco companies, which came in at Nos. 98 (Altria Group) and 99 (Phillip Morris), both ahead of Wells Fargo, which ranked dead last at 100.
Philip Morris, the Best is Yet to Come: Wells Fargo
Tue, 06 Jun 2017 19:32:00 +0000
Analysts rate the global tobacco leader at outperform, remaining bullish on continued momentum.
Philip Morris: The Best Is Yet to Come?
Tue, 06 Jun 2017 15:53:00 +0000
Philip Morris International (PM) has climbed 34% this year as investors have come around to the potential of its smoke-free cigarettes, branded iQOS. Wells Fargo's Bonnie Herzog and team contend it is as Phillip Morris International sets the stage for its second wave of smoke-free [products.
Here's Why the Worst Might Be Yet to Come for Philip Morris International
Wed, 31 May 2017 16:40:00 +0000
The company's first-mover advantage is about to be put to the test.
Amazon is the Anti-Trump Stock: Cramer's ‘Mad Money' Recap (Tuesday 5/30/17)
Wed, 31 May 2017 10:15:00 +0000
With Washington looking farther than ever from passing tax reform, what should investors do?
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