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Altria: Don't Overthink This Strong Buy
MOAltria(MO) Seeking Alpha·2024-04-27 10:03
tomazl/E+ via Getty Images A few months ago, we penned an article titled "British American Tobacco: 15%-24% Annualized Potential Upside From Now Until 2028". The main idea behind the article was that global regulatory concerns around tobacco products were overblown, and that British American Tobacco's stock (BTI) was significantly undervalued. With dividends, earnings growth, and multiple expansion, we thought the stock could see 15-24% annualized total returns for the coming years, well into the latter ...