Some realism here as well. The stock is well poised for the long run BUT there will be some retracement as nothing goes straight up. IMO we will see some choppy trading but likely before year end the stock will be above current levels as funds will want to show PM on their books and it could hit 80 before the end of the year. That being said, I would expect some backwards movements as of the 1st of the year possibly to the 75 level or lower. The stock should then resume its rise as profits will climb + they will increase the divvy again next year + the payout will stay well above the 4% level. Bottom line you will own a stock that has price appreciation + pays you north of 4% to wait. Try getting those returns from your bank if it hasn't gone BK.
The dark clouds out there are Australia + the packaging issues, Obama getting re-elected + getting rid of dividend treatment + going back to treating divvies as income subject to full taxation, from 15% to 35% for high income earners. In that scenario any divvy paying stock will fall hard.