$BTI $BATS
Less than a week ago, British American Tobacco abruptly changed CEOs. He is tasked with focusing more on the transition from traditional cigarettes to vaping and heated tobacco products.
Currently, this stock is trading at multi-year lows and offers an 8.5% dividend yield.
There is strong competition in this sector where we may find a higher ROIC, which may be key in the transition to cigarette alternatives. Still, I consider $BTI a great pick - especially at these prices.
Which tobacco company do you trust the most?
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I have $BTI and I trust it angels though, as you say, the competition is there but even though I'm a non-smoker and wouldn't put it in my mouth ever in my life, those people are addicted to it. It's just a drug, very addictive and people will buy it whatever the price. 😊
Thanks for the report, it's certainly interesting. Otherwise this sector is great and I'm investing in it myself.
For me, the number one long-term choice is $PM.
Tobacco companies are generally a good choice all the time. They pay a dividend and their business is brilliant....
I think it is a good choice in general, because these stocks are defensive, so they are suitable for the recession that is coming. However, I would prefer some ETFs, because in case one company increases its profits at the expense of another, you do not have to worry about losses, because you will have bought them all.