The Panic-Proof Portfolio (Stockchase Research) British American Tobacco BTI-N TOP PICK Nov 16, 2023

Hard to see much in terms of price appreciation. Phenomenal cashflow is used to pay dividends. Not a growth business. He'd rather buy a company with better growth prospects. Yield is 10%.

He won't recommend a tobacco company. Life's too short--and they help make it that way.

Bit of a dividend trap, though not the worst one. Dividend is quite nice, safe. Revenue growth is slow, either negative or very low. Not much future. Could buy short-term for the dividend, but his outlook is more long term. Yield is 8.5%.

It was in a downtrend, then formed a base and breakout. Generally a breakout is a good thing but it can still pull back.

One of the real drivers is the substantial dividend and he sees it as a bond proxy. The long term dividend yield is about 45% along with some growth.

Pays a high 8% dividend and doesn't slide (as much) when markets do. BTI is moving away from traditional smoking. The stock has enjoyed a good run in recent years and is buying back shares. Good at current levels, but not for ESG investors.