British American Tobacco: A Cheap And Juicy Yield

  • British American Tobacco offers strong capital returns, driven by robust free cash flow and a low earnings-based valuation, making it a compelling value investment. Momentum in alternative products like Velo is offsetting declines in traditional tobacco, supporting future growth in a challenging market. Aggressive marketing and ambitious medium-term goals in smoke-free products position BTI for sustained top line and earnings momentum.