Trimmed MSFT and MDT today; both have grown pretty large in the portfolio, and added shares of PM @ $82.52. PM is down 1% today, and looks like a good value to me at these levels.
Here is a snapshot of PM via FAST Graphs:
@$82.50 today, it's entering undervaluation range. Dividend yield is above 4.5%, and earnings growth has been averaging 11%; I like this stock for the next few years. Here is a 5 year projection for EPS growth:
PM sells tobacco products internationally (MO is the domestic version). I can personally attest to the fact that smoking is a growth industry in Europe, South America, and Asia. The numbers of smokers in these countries is staggering, and growing (for now). Based on what I see when traveling to these regions, I wouldn't be surprised if smoking becomes an olympic sport soon ;-)
That's all for now.
P.S., your comments are welcome, please post one, and let me know what you're eyeing for your portfolios, suggestions encouraged!