Should Philip Morris Be In the Top 30?

By Anand Chokkavelu, CFA | More Articles
February 13, 2012 | Comments (2)

The following video is part of our "Motley Fool Conversations" series, in which senior analyst Anand Chokkavelu, CFA, discusses topics across the investing world.

Philip Morris International used to be part of the Dow (before it was spun off from Altria). Anand discusses whether it deserves to be back.

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Anand Chokkavelu, CFA, owns shares of Philip Morris International and Altria Group. The Motley Fool owns shares of Altria Group and Philip Morris International. Motley Fool newsletter services recommend Philip Morris International. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

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Report this Comment On February 14, 2012, at 11:13 PM, mm5525 wrote:

Since PM is technically headquartered in NYC, at least partially, it can be argued it is a "USA-based company" in mere technical terms. I can also argue in support that if there's any tobacco name out there that deserves to be in the DJIA, PM deserves to be the "benchmark" given it's market cap compared to any other, especially within the context of the "whether to put it (back, sort of) in the DJIA" discussion.
However, that being said, I'd prefer PM continue to be fly under the radar and avoid the microscope all DJIA components have. PM is quiety marching toward triple digits, and I don't really want the masses to see PM as the "best" or the "worst" performer of the DJIA in any particular second, hour, or day constantly scrolling atop (or below) the tickers.
Report this Comment On February 15, 2012, at 12:08 AM, johnadams620 wrote:

Dow-schmow.Phil is one of those stocks immune to "expert" scrutiny.They do what they do exeedingly well with or without any ones blessing.The fact that they do not sell product in the USA,may be the best part of their business plan. So,put them back in the dow or don't.I'll keep them in my portfolio and pray for a healthy correction and add to my shares.Thanks Phil...

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