Coatue Management holds $236.48 million worth of shares in Philip Morris International Inc. (NYSE:PM), representing 0.66% of its total 13F portfolio, helping the stock secure a place on our list of billionaire Philippe Laffont’s 10 stock picks with huge upside potential.
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Intending to expand its manufacturing facility in Wilson, North Carolina, Philip Morris International Inc. (NYSE:PM) announced a $37 million investment on October 2, 2025.
With this expansion, Philip Morris International Inc. (NYSE:PM) will add a new production line for TEREA, which is the consumables used in its IQOS ILUMA heated tobacco system. Its Wilson site, which produces HEETS (tobacco sticks) for the IQOS 3.0 device, is central to the company’s U.S. strategy to scale smoke-free alternatives, as regulatory advancements occur on the matter.
Meanwhile, discussing the increasing competition in the U.S. nicotine pouch sector, UBS recently highlighted the resulting impact on Philip Morris International Inc. (NYSE:PM)’s ZYN brand, which is expected to see a slight reduction in revenue projections. The investment firm noted limited brand loyalty among nicotine pouch users, which could potentially adversely affect the company’s market share. Consequently, UBS maintained its “Hold” rating on PM with a $166 price target on September 5, 2025.
Amid these developments, analysts are keeping a close eye on the company’s smoke-free transformation, with Philip Morris International Inc. (NYSE:PM) making significant advancements in its IQOS products.
Philip Morris International Inc. (NYSE:PM), a leading global tobacco company, is focused on the development of smoke-free and reduced-risk products. It is included in Philippe Laffont’s stock portfolio.
While we acknowledge the potential of PM as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
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