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British American Tobacco's (LON:BATS) Returns Have Hit A Wall

By Yahoo! Finance   |   4 days ago
British American Tobacco's (LON:BATS) Returns Have Hit A Wall

To identify potential multi-bagger stocks, look for companies reinvesting earnings at increasing rates. British American Tobacco may not fit this profile due to its low Return on Capital Employed (ROCE). Without significant changes in ROCE and investments, it may not be a strong growth prospect.

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