Q: Hello all,
Just a comment pertaining to BTI’s price movement. In their recent earnings announcement, they referenced a 6.3 Billion GBP provision for the Canadian class-action lawsuit settled - or soon to be settled. That may have some bearing on recent price action, particularly given that it could potentially portend other, similar actions/outcomes.
Cheers,
Mike

Q: BTI lost 10% last week. What is it the reason for that and how do you value it? What is the best course of action: buy, hold or sell?

Q: I am currently a bit underweight consumer staples and would also like to tilt my portfolio a little bit defensive. My only holdings in the sector are ATD and PBH. Other than these, what would be your two top picks both in Canada and the US for new buying at this time in the sector.