British American Tobacco Stock: Buy, Sell, or Hold?
Tobacco companies are generally seen as dinosaurs, inching closer to extinction as fewer people smoke. Today, companies like British American Tobacco (NYSE: BTI) are working to evolve beyond cigarettes, hoping to recapture the market with reduced-risk products (still bad for you) such as vaping and nicotine pouches.
The negative sentiment toward tobacco has driven British American Tobacco's stock low enough to yield more than 8% on its dividend, making it a potential target for value investors or those seeking passive income.
So, is British Tobacco a buy, sell, or hold? I've done the homework to find out. Here is what you need to know.
Source Fool.com
