British American Tobacco: Called The Surge, Staying Invested

peepo/E+ via Getty Images We last covered British American Tobacco p.l.c. (NYSE:NYSE:BTI) in May, calling it a 'hybrid value' opportunity. Since then, the stock has outperformed the S&P 500, prompting me to update our thesis, especially as fundamental changes have emerged in the tobacco industry. British American Tobacco: A 'Hybrid Value' Opportunity STRONG BUY May 02, 2024 • 40 Comments Pearl Gray's Previous Rating (Seeking Alpha) Will British American Tobacco's stock sustain its performance, or is it set ...