Opinion on  PHILIP MORRIS INTERNATIONAL INC (PM)
A Global Tobacco Income Index

Click on the accompanying image for a full-screen view of the 23 stocks eligible for my Global Tobacco Income Index, which includes companies with market caps greater than $200 million (USD) that pay regular cash dividends and derive the majority of their revenues from tobacco products, distribution, or supplies (such as paper). As expected, the index is dominated by large, well-known companies such as Philip Morris (PM) (16.7% weight), British American Tobacco (BTI) (13.3% weight), and Altria (MO) (8.75% weight). These top three companies by market cap account for about 39% of the index, but there are still 20 other stocks present from across the globe that contribute to the diversification of this index.