Philip Morris International Inc. (PM) stock, a global giant in the consumer staples sector and a favorite among income investors, is pushing higher in early trading. As the stock inches closer to its 52-week high, its combination of a premium valuation and a very attractive dividend yield creates a compelling dilemma. Is this a solid entry point for dividend seekers, or is the stock too expensive as it approaches key resistance? This analysis breaks down the essential data for traders.
Today’s Market Action: A Snapshot of Cautious Optimism
As of 10:03 am GMT-4 on June 18, the data for Philip Morris stock shows modest but positive momentum:
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Current Price: $184.22 USD
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Today’s Change: A gain of +$0.76…
