Today, I have newly added British American Tobacco $BTI+1.2% to my portfolio. I'm playing my cards right now with the current valuation, a decent dividend, stability, and the replacement of the CEO with the very experienced Tadeo Marrocco.
Capital Structure
Market Cap
77.8B
Enterpr. Val.
97.8B
Valuation
P/E
-4.4
P/S
1.5
I am also very positive about the attitude of BTI investors who are pushing for the reintroduction of share buybacks.
What about you and tobacco companies, do you have them in your portfolio?
I'm happy about that - my largest position in my portfolio is $BATS and I overbought today. I have great confidence in the future of the company, especially after the CEO change you mention. The planned buybacks and debt reduction will also do the trick.
Well about vaping I could write here what a mess $PM+0.1% makes 😁 but they know how to sell a tribute and that's why they are better no... Otherwise I have BTI and I'm not buying yet because there are better other opportunities outside of this sector. But we'll see how they handle it they have some catching up to do no doubt. 👍
I have it in my portfolio, but unfortunately I liked it before and bought it at $40, so I'm still sitting on a loss there, so I'm hoping they catch up with the competition and as you say, the new CEO will show some growth changes. 😊
I don't have anything against tobacco either. But I think BTI's vaping is a bit of a bottleneck, they're missing out on the competition. I keep $PM+0.1% myself.