#consumer-staples
Philip Morris (PM): IQOS, ZYN, and the 6-Month to 5-Year Outlook
Philip Morris (PM) research: bear/base/bull scenarios for 6mo, 1yr, 3yr, and 5yr, plus ZYN's FDA win, IQOS, and tobacco's richest valuation multiple.
Coca-Cola (KO): The Best Moat in Staples, at a Rich Price
Deep research on Coca-Cola (KO): 6-month, 1-year, 3-year, and 5-year price scenarios with bear, base, bull cases, plus the 64-year dividend, GLP-1 and IRS risks, and valuation at 24x forward.
Procter & Gamble stock: 21x forward, Dividend King, Hold (bull/base/bear to 2031)
PG at 21x forward: Hold. Dividend King with margin pressure. Bull/base/bear scenarios: 6 months, 1 year, 3 years, and 5 years.
Costco (COST) stock forecast: Hold at ~48x - the membership compounder's bear, base, and bull case to 2031
COST stock: Hold at ~48x, 28% above its 10-year median. Bear/base/bull across 6 months, 1 year, 3 years, and 5 years on the membership model and de-rate risk.