Philip Morris's most recent trend suggests a bullish bias. One trading opportunity on Philip Morris is a Bull Put Spread using a strike $85.00 short put and a strike $80.00 long put offers a potential 6.16% return on risk over the next 25 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $85.00 by expiration. The full premium credit of $0.29 would be kept by the premium seller. The risk of $4.71 would be incurred if the stock dropped below the $80.00 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 at 50.25 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Philip Morris
Zacks Industry Outlook Highlights: PepsiCo, General Mills and Philip Morris International
Wed, 23 Oct 2013 11:13:21 GMT
Zacks – Zacks Industry Outlook Highlights: PepsiCo, General Mills and Philip Morris International
Cigarette Volume Down, but Philip Morris Is Still Smokin'
Wed, 23 Oct 2013 11:02:08 GMT
Motley Fool – The U.S. and other developed nations may be smoking less, but market share and developing-nation smoking habits will keep the company printing cash for years.
3 Reasons to Be Bullish about this Global Tobacco Player
Tue, 22 Oct 2013 21:05:06 GMT
Motley Fool – Philip Morris is for long-term income investors.
Is Altria a Better Buy Than Philip Morris International and Reynolds American?
Tue, 22 Oct 2013 16:02:07 GMT
Motley Fool – Altria earnings are due out later this week, and despite ongoing concerns about falling cigarette sales volumes, the tobacco giant could be a better value than rival Reynolds American and global giant …
Ken Fisher Buys UBS, Bank of America, Citigroup, Sells Nestle SA, Philip Morris
Tue, 22 Oct 2013 13:11:00 GMT
Forbes – Ken Fisher just reported his third quarter portfolio. He buys UBS AG, Daimler AG, Citigroup Inc, United Technologies, Bank of America, Berkshire Hathaway etc during the third quarter, according to the most recent filings of his investment company, Fisher Asset Management, LLC. In his latest column on Forbes, Ken Fisher said […]
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