Dear readers, there is currently one NYSE stock which has a market capitalisation in the league of billion USD dollars (USD 78.98B to be exact). This billion-cap NYSE stock is currently oversold with a RSI (14) of below 30 and not only that, this stock is also undervalued with a price-to-book ratio of below 1. Interested to find out more about this stock?
Well, this stock is none other than British American Tobacco stock (BTI) which trades on the NYSE. British American Tobacco stock trades at 7.81% dividend yield currently. From a high of around USD 72 dollars per share in 2017, British American Tobacco stock (BTI) now trades at less than half of this historical high at USD 34.68 dollars per share as of 20 Jul 2020.
Now, having shared with readers the above potential stock idea, I would want investors to do your own due diligence when it comes to investing your own hard-earned monies. Especially so when I think the current stocks markets is rather volatile, being more bearish than bullish or even neutral.
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