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Philip Morris Stock Hits All-Time High on Demand for Smoke-Free Options

1. Philip Morris beat Q4 profit and sales estimates, driven by smoke-free product demand. 2. Sales of smoke-free products rose 9% to $3.9 billion, guiding positive future outlook. 3. Shares reached an all-time high post-results, reflecting strong investor confidence. 4. CEO stated strong momentum across all product categories, boosting shareholder value. 5. The company expects full-year EPS guidance of $7.04 to $7.17.

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FAQ

Why Very Bullish?

Strong demand for smoke-free products directly correlates with positive earnings, similar to past performance spikes.

How important is it?

The article demonstrates clear positive results and guidance, highly relevant to PM's stock trajectory.

Why Long Term?

Sustained demand for smoke-free alternatives indicates long-term growth potential, akin to trends seen in other sectors.

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