Tobacco & Nicotine
Tobacco combines falling volumes with strong pricing, and is shifting towards vapour and oral products that carry lower regulatory risk. Cash generation is the whole investment case.
13 stocks
Value
Increase
Decrease
Funds Holding
2,302
Funds Holding Change
-51
Funds Holding Growth
-2%
Value
$148B
Holding in Top 10
85
Top 10 Change
-4
Top 10 Growth
-4%
Value Growth
-13%
New
118
Increased
1,025
Reduced
848
Closed
135
Capital Inflow
$5.53B
Capital Outflow
$5.74B
Net Capital Flow
-$215M
Capital Flow Change
-$1.8B
Calls
$1.56B
Puts
$1.15B
Net Calls
+$418M
Put/Call Ratio
0.73