British American Tobacco p.l.c. (NYSE:BTI) is among the best bear market stocks to buy according to analysts. Analysts at Barclays have raised the price target for British American Tobacco p.l.c. (NYSE:BTI) to 4,100 GBp from 3,750 GBp, with an unchanged “Overweight” rating. This confidence in the stock is driven by the nicotine pouches market, anticipated to reach $100 billion by 2035, reflecting a surge of 1150% from the projected $8 billion in 2024.
Even if we look at the past performance exhibited by the company, it has always outperformed the market. While the one-year return of FTSE 100 (^FTSE) stands at 8.41%, British American Tobacco p.l.c. (NYSE:BTI) delivered a return of an impressive 73.16%. Similarly, the company’s five-year returns surpass the general market by 46%.
A close-up of an array of tobacco products, emphasizing the selection and consumer choice.
What’s more exciting is that the Trump administration is increasingly vocalizing against the use of illegal disposable vaping devices, which have garnered around 70% of the market in the U.S. This means more growth for British American Tobacco p.l.c. (NYSE:BTI). As the company continues to diversify its revenue mix into next-generation products, investors have more to be optimistic about.
British American Tobacco p.l.c. (NYSE:BTI) is one of the world’s largest tobacco companies, founded in 1902. This London-based giant offers tobacco and nicotine products in 180 countries. Committed to building a better tomorrow, the company focuses on reducing health impacts by facilitating the transition from cigarettes to smokeless products.
While we acknowledge the potential of BTI as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
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