%20Abstract%20Background%20102024%20SOURCE%20Amazon.jpg)
Want a Sell-Off Safe Haven? Consider British American Tobacco Stock.
British American Tobacco (NYSE: BTI) is a difficult investment to understand. It isn't that the company's operations are complex, per se, but that the business today has two different outlooks based on the time period over which you want to own it.Here's why investors looking for a short-term safe haven might appreciate British American Tobacco and what kind of investors might want to be careful with this stock.Geopolitical issues and tariff fights have left Wall Street in an uncertain state. There was a deep market sell-off, which pushed the S&P 500 index (SNPINDEX: ^GSPC) into correction territory and the Nasdaq Composite (NASDAQINDEX: ^IXIC) into a bear market. Both indexes have zigged and zagged in dramatic fashion as they recovered from the worst of their pullbacks. So even through the market has recovered somewhat, uncertainty remains high.Continue reading
British American Tobacco (NYSE: BTI) is a difficult investment to understand. It isn't that the company's operations are complex, per se, but that the business today has two different outlooks based on the time period over which you want to own it.
Here's why investors looking for a short-term safe haven might appreciate British American Tobacco and what kind of investors might want to be careful with this stock.
Geopolitical issues and tariff fights have left Wall Street in an uncertain state. There was a deep market sell-off, which pushed the S&P 500 index (SNPINDEX: ^GSPC) into correction territory and the Nasdaq Composite (NASDAQINDEX: ^IXIC) into a bear market. Both indexes have zigged and zagged in dramatic fashion as they recovered from the worst of their pullbacks. So even through the market has recovered somewhat, uncertainty remains high.
