British American Tobacco: Irrational Signals Sank Stock

spawns/iStock via Getty Images Despite the very large dividend payout, British American Tobacco p.l.c. (NYSE:BTI) has been a huge disaster for shareholders for a long time now. The company has been aggressively investing into cannabis and outlining plans to write down U.S. combustible brands in signs management fears the end game of the main business line now. My investment thesis is slightly Bullish on the stock after the irrational collapse to end 2023.    Source: Finviz Strange Signals The company re ...