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Published on 19 Jun 2024 on Insider Monkey · via Yahoo Finance

Is British American Tobacco p.l.c. (NYSE:BTI) the Best Undervalued International...


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We recently compiled a list of 12 Best International Dividend Stocks to Buy Now. Since British American Tobacco p.l.c. (NYSE:BTI) is part of the list, we have analyzed the stock in detail.

As we move toward the second half of 2024, investors are eagerly preparing for the direction that the stock market will take for the remainder of the year. The first quarter of 2024 marked the broader market’s strongest performance for the first quarter since 2019. However, the question remains whether this trend will persist throughout the year. With geopolitical tensions, high interest rates, and higher prices, investors are looking for ways to diversify their portfolios. In this regard, international stocks, which usually fly under the radar, are the most favorable option to explore. And they become even more appealing when they pay dividends.

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