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Hidden High-Yielders: 3 Dividend Stocks Everyone's Overlooking
InvestorPlace· 2024-04-16 13:43
Smart investors always search for underutilized prospects with room to expand and provide stability. Here, you’ll find three of these undiscovered gems. These dividend stocks, though overlooked, provide attractive chances to expand holdings and realize long-term gains.The first one offers a special opportunity to profit from the growing market for cannabis cultivation and processing facilities. The company leads a nexus of real estate in the rising cannabis sector. The second, on the other hand, is notable ...
Riding the Buyback Wave: 3 Must-Own ETFs for 2024
InvestorPlace· 2024-04-15 22:09
In 2023, ETFs attracted almost $600 billion in net flows. While this is still less than 2021’s $1 trillion record, the market demonstrates promising sustained growth. This is especially interesting for buyback ETFs.Last year exchange-traded funds investing in United States blue chips from the S&P 500 index attracted the highest share of global inflows into equity-focused ETFs in at least a decade. The Magnificent Seven stocks’ growth influenced the funds’ positions.The demand for such instruments will most ...
Best Stock to Buy Right Now: Altria vs British American Tobacco
The Motley Fool· 2024-04-11 11:47
Cigarette volumes are plummeting and the industry's heyday is long gone. But one of these giants has done better at building for the future.Altria (MO -1.02%) and British American Tobacco (BTI -2.35%) are two of the largest cigarette companies in the world. They both offer massive dividend yields, with Altria at 9.3% and British American Tobacco at 9.8%. That's in fact the main reason that most investors will be interested in either of these two companies. But which of these high-yield stocks is the better ...
British, American Tobacco: Buy, Sell, or Hold?
The Motley Fool· 2024-04-08 12:48
Is the high-yielding tobacco stock a buy?Historically, tobacco stocks such as British American Tobacco (BTI -0.24%) have been top-notch dividend payers, but with smoking in secular decline, it's not fully clear if these stocks are reliable high-yield dividend payers or yield traps.British American Tobacco is clearly rewarding dividend investors with a dividend yield of 9.8%, but is the stock a buy today? To answer that question, let's look at the reasons to buy, sell, or hold the stock.Arguments to buy Brit ...
British American Tobacco: 10% Yield, 6x P/E, Don't Overthink It
Seeking Alpha· 2024-04-04 18:36
ninitta/iStock via Getty Images~10% yield and ~6x P/E are just absurd Believe me, I understand why tobacco stocks are so out of favor in recent years. The main topic for today, British American Tobacco (NYSE:BTI), provides a good example. As seen in the chart below, BTI's price suffered a 15.62% loss in the past year, while the overall market has one of the best rallies. BTI, together with other tobacco stocks, is indeed facing a number of challenges, including decreasing smoking rates, shifting consume ...
British American Tobacco: A Relative Safe Harbor In The Face Of A Potential Market Correction
Seeking Alpha· 2024-04-04 04:34
Justin Sullivan Investment thesis The stock market continues growing impressively in 2024, with big tech and semiconductors continuing to fuel the rally. In my opinion, the greedier investors are, the higher is the probability of a stock market correction. Since growth stocks are usually more vulnerable to corrections, I am now looking at potential high-yield safe harbors. The British American Tobacco (NYSE:BTI) stock looks like a high-quality defensive stock with a massive 9.6% forward dividend yield. ...
British American Tobacco: Strong Catalysts Ahead (Buy)
Seeking Alpha· 2024-04-04 03:05
Justin Sullivan Introduction British American Tobacco (NYSE:BTI) could potentially see a plethora of positive tailwinds going forward. In the near term, a high dividend rate could be a catalyst for British American Tobacco as the macroeconomic conditions push the federal funds rate lower in the coming few quarters. Further, the slower and weaker-than-expected regulatory pressure in the tobacco market along with the resilient demand for tobacco even while in a secular decline could benefit the company. Then, ...
British American Tobacco: Value Unlocked With Recent Sale, EPS Growth Ahead
Seeking Alpha· 2024-04-04 01:36
Funtay NielsenIQ data show that UK cigarette industry retail sales fell just 1.8% from year-ago levels. That continues an improving trend over the last two years, though sales for Philip Morris International (PM) boasted an annual increase of 6.1% while British American Tobacco (NYSE:BTI) sales dropped 4.7% YoY. Of course, tobacco companies continue to diversify their sales mix, including smokeless tobacco, while embarking on shareholder-friendly initiatives. I reiterate a buy rating on BTI. With high ...
British American Tobacco: Yielding 9.63% Looks Like An Opportunity Rather Than A Value Trap
Seeking Alpha· 2024-04-03 23:00
PM ImagesThe previous 12 months haven't been kind to British American Tobacco (NYSE:BTI) as shares have declined -14.91%, and it's been an even worse decade as shares have fallen -46.46%. The tobacco industry continuously finds itself under pressure as it's synonymous with health risks and government regulations. Despite individual opinions, the facts are that BTI has exceeded $10 billion in operating income and free cash flow (FCF) on an annualized basis since 2018 while generating large single-digit d ...
MONDAY INVESTOR DEADLINE: Robbins Geller Rudman & Dowd LLP Announces that British American Tobacco p.l.c. Investors with Substantial Losses Have Opportunity to Lead Case
Newsfilter· 2024-03-22 02:55
SAN DIEGO, March 21, 2024 (GLOBE NEWSWIRE) -- Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of British American Tobacco p.l.c. (NYSE:BTI) publicly traded securities between February 9, 2023 and December 6, 2023, inclusive (the "Class Period"), have until this upcoming Monday, March 25, 2024 to seek appointment as lead plaintiff of the British American Tobacco class action lawsuit. Captioned David v. British American Tobacco p.l.c., No. 24-cv-00517 (E.D.N.Y.), the British American T ...