Scared of a Potential Recession? 3 Reasons to Buy Philip Morris International

With May's inflation rate coming in at 8.6% year over year, interest rates rising, and fears growing that a recession may be on the horizon, the financial news headlines are getting alarming. As such, many investors are feeling as if now would be a good time to move some of their money into steadier investments.

Let's explore three reasons why Philip Morris International (NYSE: PM) fits the bill and could make a good buy in this challenging macroeconomic environment. 

Analysts consider tobacco a recession-proof industry because its products are addictive. People buying cigarettes will likely keep doing so even when money is tight, so investors can expect fairly stable revenues in any economy.

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Source Fool.com