Friday, September 2, 2022

Barron's: Tobacco Is a Trusty Inflation Hedge. Here’s a U.K. Name to Play.

By SMON CONSTABLE

Stockholders have had a rough time this year, with surging inflation and fears of a recession. But there is a way to mitigate it: tobacco stock Imperial Brands

The company (ticker: IMB.UK) offers potential total returns above 22% over the next 12 months, some analysts say. It markets cigarette brands including Winston, JPS, L&B, and Gauloises, and rolling paper Rizla. It is also developing next-generation products, or NGPs, which include vaping materials and oral nicotine. Read more here.

Photo by Aman Upadhyay on Unsplash






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