Philippe Laffont’s Coatue Takes Fresh Stake in Philip Morris International Inc. (PM)
Though primarily known for its focus on tech stocks, billionaire investor Philippe Laffont’s Coatue Management recently made a notable move by adding Philip Morris International Inc. (NYSE:PM) to its portfolio. The tobacco giant, traditionally seen as part of a defensive sector, now presents growth potential, thanks largely to its expanding lineup of smokeless products like […]