Philip Morris International (PM) is being highlighted as a standout stock to consider during potential economic recessions. Known for its resilient business model, the tobacco industry tends to remain stable even as other sectors struggle, with consistent demand for nicotine products. As demand for such products often withstands economic pressures, Philip Morris remains an intriguing option for investors.

Supporting its robust stance, Philip Morris is actively diversifying its portfolio from traditional cigarettes to reduced-risk products such as IQOS and Zyn, which have been showing impressive growth. Reuters reported that the company's geographic diversification across over 180 markets also helps mitigate economic risks in any single region, enhancing its defensive stance.

In terms of financials, Philip Morris has demonstrated steady earnings growth even during previous economic downturns, a testament to its solid financial performance. Furthermore, with an appealing dividend yield of around 5%, the company draws interest from income-focused investors. These strategic moves and financial highlights collectively position Philip Morris as a promising investment choice during uncertain economic times.