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British American Tobacco p.l.c. (BTI): A Bull Case Theory

We came across a bullish thesis on British American Tobacco p.l.c. (BTI) on Waterboy’s Substack by Waterboy Investing. In this article, we will summarize the bulls’ thesis on BTI. BTI Technologies, Inc. share was trading at $37.44 as of Sept 20th. BTI’s forward P/E was 7.88 according to Yahoo Finance.

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British American Tobacco (BTI) is a tobacco behemoth that can be a good buy due to its textbook definition of an “Unpopular Large Cap,” a term coined by Benjamin Graham for...