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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 Substack by Tyler Moody. In this article, we will summarize the bulls’ thesis on BTI. British American Tobacco p.l.c. (BTI)'s share was trading at $38.93 as of Feb 28th. BTI’s trailing and forward P/E were 22.57 and 8.55 respectively according to Yahoo Finance.

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British American Tobacco (BTI) reported total adjusted organic sales of £27.2 billion and operating profit of £14.4 billion, though...