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British American Tobacco

12/2/2023

 
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We recently invested in British American Tobacco (BAT).

BAT, formed in 1902, is a global tobacco company with a strong position in next-generation products. Despite its growing profits BAT's valuation has dwindled to just 8x FCF. At these levels we think BAT offers a compelling investment opportunity.
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    What this is

    Informal thoughts on stocks and markets from our CIO, Evan Tindell.

    Nothing on this page should be considered investment advice. We may comment on stocks that our clients hold positions in. At the time of publication, we believe all information to be correct as presented. We make no commitment to update posts if the facts change.

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