British American Tobacco: Strong Catalysts Ahead (Buy)
BAT(BTI) Seeking Alpha·2024-04-04 03:05
Justin Sullivan Introduction British American Tobacco (NYSE:BTI) could potentially see a plethora of positive tailwinds going forward. In the near term, a high dividend rate could be a catalyst for British American Tobacco as the macroeconomic conditions push the federal funds rate lower in the coming few quarters. Further, the slower and weaker-than-expected regulatory pressure in the tobacco market along with the resilient demand for tobacco even while in a secular decline could benefit the company. Then, ...