British American Tobacco (ADR) (AMEX:BTI)
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Engages in the manufacture, marketing and sale of cigarettes and tobacco products worldwide. Brands include Lucky Strike, State Express, 555, Kent, Benson & Hedges, Dunhill, Peter Stuyvesant, Kool, Pall Mall, Viceroy, John Player, Gold Leaf and GPC.
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Fool UK
Recs
Owns Cohiba will explode if trade restrictions ever dropped with Cuba. Enclosure movement happening in developing world like in Europe during Industrial revolution / and America during Guilded and Progressive eras. Millions moving to cities, increasing incomes, growing middle classes. 50% of men smoke in China similiar numbers in most of developing world. Fastest growest segment of smokers in China are young women between 18-early twenties, hook them young. Peasants will drop crappy domestic smokes and puff away on good ole American and British tobacco products. The money trains that are MO / ITY / BTI will keep chugging along at steady clip.