British American Tobacco Smells Like A 12% Equity Bond (NYSE:BTI)

Core Insights - The article discusses the potential upside for British American Tobacco p.l.c. (BTI) due to its new product categories [1] Group 1: Company Overview - British American Tobacco is exploring new categories that may lead to increased growth opportunities [1] Group 2: Analyst Background - The analyst has a PhD in financial economics and has been covering various markets including mortgage, commercial, and banking sectors for the past decade [2] Group 3: Investment Position - The analyst holds a beneficial long position in BTI shares through stock ownership or derivatives [3]