Jim Cramer on BAT-Reynolds Deal: Don't Underestimate Tobacco Cash Flow

Amid British American Tobacco's (BTI) - Get Report $47 billion bid for a large stake of Reynolds American (RAI) , TheStreet's Action Alerts PLUS Portfolio Manager Jim Cramer says investors shouldn't underestimate the cash flow in the tobacco space. "We don't know if the price is final - my colleague David Faber was saying it could even be higher," Cramer says. "This is a deal that will go through and I think a lot of people just completely underestimate that the cash flow in tobacco is fantastic." Shares of Reynolds American rose over 15% on Friday.