British American Tobacco: The Right Kind Of Growth

Manika Premsingh Investing Group Follow Summary For British American Tobacco p.l.c., like for tobacco companies, transitioning into next-generation nicotine products is key. And in this regard, the company made gains in H126. Its new categories segment saw both increased revenue contribution, accelerated revenue growth, a bigger contribution margin, and even the vaping business turned around after two years. While BTI stock's market valuation is mixed, there is a case for a premium on the stock, and its dividend yield isn't bad either. Looking for a portfolio of ideas like this one? Members of Green Growth Giants get exclusive access to our subscriber-only portfolios. Learn More » Funtay/iStock via Getty Images The past few months have been interesting for the tobacco set, in that the key stocks haven't seen unified price movements. Since I last covered British American Tobacco p.l.c. ( BTI , BTAFF), or BAT for This article was written by Manika Premsingh 4.65K Followers Follow Manika is a macroeconomist with over 20 years of experience in industries including investment management, stock broking, investment banking. She also runs the profile Long Term Tips [LTT], which focuses on the generational opportunity in the green economy. Her investing group, Green Growth Giants, takes the theme a step further from LTT with a deeper dive into opportunities presented by the segment. Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.