British American Tobacco Q2 Preview: Rich Yields And Growing Bullish Support - Reiterate Buy
So, Is BTI Stock A Buy, Sell, or Hold? We previously covered British American Tobacco p.l.c. (NYSE:BTI) in April 2024, discussing its robust FY2023 financial metrics as the New Category segment achieved the first year of positive margins. Combined with the growing Free Cash Flow generation, healthier balance sheet, partial monetization of its ITC stake for share repurchases, and inherent undervaluation, we believed that the stock continued to offer a compelling investment thesis across capital appreciation ...