Motley Fool analyst Anand Chokkavelu highlights a possible buying opportunity in tobacco giant Philip Morris International
U.S. investors normally only have two choices when picking up international exposure in individual stocks: ADRs (foreign companies listed on U.S. exchanges) or U.S.-based companies that do a bunch of business in foreign countries, like Coca-Cola. Coca-Cola does well over half its business outside the United States.
If you don't mind investing in tobacco, Marlboro-maker Philip Morris International offers us a rare third option. Thanks to the 2008 break-up of Altria
And it's starting to look darn tempting at today's prices.
He explains further in this video:
Anand Chokkavelu owns shares of Altria and Philip Morris International, which is a Global Gains selection. Coca-Cola is an Income Investor and and Inside Value selection. You can follow Anand on Twitter. The Motley Fool has a disclosure policy.