Should You Forget Philip Morris International and Buy This Unstoppable Growth Stock Instead?

There are a lot of things to like about Philip Morris International (NYSE: PM). But some things aren't so attractive, which is why some investors might want to consider alternatives. One alternative has a higher yield, an incredible dividend history, and looks like it is on sale today. Here's why Philip Morris International may not be the best dividend stock for you today, and why there is an attractive replacement to consider.The first issue that investors need to tackle with Philip Morris International is its business. It basically provides customers with a way to consume nicotine, which is an addictive substance. Historically, that has come in the form of cigarettes, but the delivery methods have changed and diversified over time. Still, this is a so-called "sin stock," and if that bothers you, well, you shouldn't buy it.That said, Philip Morris International is further along than its closest peers in the diversification process. Roughly 39% of its revenue comes from smoke-free products, accounting for about 40% of the company's gross profit. While Philip Morris International is still a tobacco company, it is executing exceptionally well through a transition period for the tobacco sector. That's good news, if you don't mind owning a "sin stock."Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool