British American Tobacco (ADR) (AMEX:BTI)
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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Just building a sin stock portfolio
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Company stock is beginning to outgrow the value of the company and will become stagnant very soon.
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Idealist US admins are great a running business sectors to other countries: Carter with a grain embargo; Gore with tobacco. BTI in 140 countries, where everybody smokes. It' later than I'd like, but not too late.
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Solid company
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Defensive, staple stocks generally strike me as overpriced. BTI serves nice markets, but they're the most overpriced of the big names. As a valuation call, this one likely will be wrong, until it isn't. That's really not a good move in CAPS, where risk is everything and immediate movement is the prize, but I can't help myself sometimes.
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Will bid for Altadis
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TOBACCO PATCH...SECULAR GROWTH
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They sell in so many countries.
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non-U.S. tobacco company...strong growth >20% for the past five years
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Addicted??
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Great dividend while they addict three generations of the developing world to nicotine.
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