The cigarette maker reported increased year-over-year earnings despite a slight dip in revenue.
BTI's dividend yield has flared to 7% as the stock price has dipped about 30% recently -- a drag for existing shareholders but a burning opportunity for new investors.
Goldman analyst Judy Hong expects the current discount on tobacco stocks to narrow.
Analysts say nation will turn a new leaf, changing federal law within a few years, as cannabis industry expected to grow big time over next decade.
Concern about youths' use of e-cigarettes may hinder Juul's application, former FDA commissioner Gottlieb says.
Is prohibition the real factor propping up projections for demand and pricing in the cannabis market?
The tobacco maker misses expectations in the first quarter on both the top and bottom lines. It reiterates 2019 earnings guidance.
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