Opinion on  PHILIP MORRIS INTERNATIONAL INC (PM)
Thank you for Smoking

+ve
- Potential growth in China & possibly in Europe
- No revenue from US which is a high litigation risk market
- Weak economy = More Smokers = More smokes per smoker!! Like it or not but it's a fact :-)
- Buyers are addicted and brand has a lot of value and they have the biggest ones out there
- Decent dividend yield

-ve
- Recent buy of Rothman, Canada - second largest in Canada. Again getting into litigation risks. If the risk doesn't materialize this will be +ve
- Weak dollar - Most of the revenue is International, so a strong dollar WILL HURT
- Moral hazard :-)