catnap72 Introduction I have published two articles on British American Tobacco (NYSE:BTI) so far, giving the company a "Hold" rating due to concerns regarding the short-term future of the tobacco industry, the deterioration of the core business, and the market sentiment appearing too stable. Although the stock was relatively flat until my second article, since then, it has been up 19.5% including dividends while the S&P 500 has been flat. This might suggest that my initial assessment of the market sentimen ...

Nathan Howard/Getty Images News Written by Sam Kovacs. Introduction If we were to see inflation moving down ... more or less in line with expectations, growth remains reasonably strong, and the labor market remains consistent with current conditions, then I think a rate cut could be on the table at the September meeting - Jerome Powell. It has been 6 years since Powell became Fed Chair, and he is finally saying something which is pleasing to me. While I do believe the Fed's timing on rate cuts to be slightl ...

Seeking Alpha All told, despite the sizable price advances since my last writing and the underlying risks, my thesis is that the market is still underestimating the upside potential of t developments reported in its Q2 ER. More specifically, I believe the price rally only factored in the growth potential from new categories. The current cheap valuation (the focus of my last article) still represents an overly pessimistic view of traditional cigarettes. The high dividend vield - a point bulls love to make - ...

da-kuk/E+ via Getty Images Ycharts What this practically means for us – high-yield investors, who are not willing to go too far out in the risk curve – is that capital deployment in these kinds of instruments should be now seriously considered (e.g., substituting cash balances or commodity exposures with income stocks). Having said that, we still have to factor in a probability of the market once again being wrong in its interest rate projections and that, for example, we could suddenly fall into a period w ...

35.2 10.40% At the beginning of April, I wrote an article on BTI (can be read here) and I discussed why I believed there was a big opportunity investing in BTI rather than shares continuing to be a value trap. Since then, shares of BTI have increased by 16.81% compared to the S&P 500, which has appreciated by 4.10%. When BTI's dividend is taken into account, the total return over this period is 19.62%. Shares of BTI are up by 20.04% in the year, but they are still relatively in the red as they are still $12 ...

Galeanu Mihai Thesis review BTI H1, 2024 earnings presentation About a month ago, I issued a very bullish article on British American Tobacco (NYSE:NYSE:BTI), which is also one of my largest positions in the portfolio. While before the recent article I had already circulated a bull thesis on BTI, it just made sense to provide an updated view on the stock given the stagnating returns and a significant underperformance relative to its closest peers Altria Group, Inc. (MO) and Philip Morris International Inc. ...

16 Continued Going concern ReviewFinancial StatementsOther This page is intentionally left blank BAT Interim Announcement 2024 SummaryPerformance ReviewFinancial StatementsOther InformationData Lake and Reconciliations Contents 18 19 | --- | --- | --- | --- | |----------------------------------------------|------------------------------------------------|------------------------------|--------------| | Dividends paid | For the six months \nPence per share | to 30 June \nUSD per | 2024 \n ADS | | Quarterly P ...

British American Tobacco p.l.c. (NYSE:BTI) Q2 2024 Earnings Conference Call July 25, 2024 4:30 AM ET Company Participants Tadeu Marroco - CEO Soraya Benchikh - CFO Victoria Buxton - Group Head of IR Conference Call Participants Rashad Kawan - Morgan Stanley Gaurav Jain - Barclays Richard Felton - Goldman Sachs Faham Baig - UBS Damian McNeela - Deutsche Bank Tadeu Marroco Good morning, everyone. I'm delighted to welcome you to our 2024 Interim Results Presentation. With me this morning is Soraya Benchikh ...

Here are seven outstanding dividend stocks that stand out for attractive yields and solid fundamentals. They are ideal picks for a long-term investment strategy. Fundamentally, investing in long-term dividend stocks is a sharp approach to building a solid portfolio. Moreover, the fourth company has sharp subscriber growth and market leadership. The fifth one has rapid expansion in its fiber business. The sixth company has a solid bottom line in new categories. Finally, the seventh company's growth in the e- ...

Interim Results 2024 The information contained in this presentation in relation to British American Tobacco p.l.c. ("BAT") and its subsidiaries has been prepared solely for use at this presentation. The presentation is not directed to, or intended for distribution to or use by, any person or entity that is a citizen or resident or located in any jurisdiction where such distribution, publication, availability or use would be contrary to law or regulation or which would require any registration or licensing w ...