- Bernstein analyst Callum Elliott recommends buying Philip Morris International (PM -0.6%) over Altria (MO -1.3%), although he thinks investors could see a bumpy ride.
- While valuation on both tobacco stocks looks increasingly detached from fundamentals, Elliott believes Philip Morris' robust earnings and the growth potential of iQOS gives it the edge.
- Seeking Alpha's Quant Rating system slots Altria at Neutral and Philip Morris at Very Bullish.
Bernstein recommends Philip Morris
This was corrected on 08/14/2019 at 1:53 PM. title corrected