British American Tobacco records gains for seventh straight session

British American Tobacco (BTI) has seen its shares rise for the seventh consecutive session, closing at $58.22, marking an 8% gain since January 8. Over the past year, BTI's stock has increased by over 63%, outperforming the S&P 500. Jefferies named BTI a top pick, citing its sustainable shift to smoke-free products. Seeking Alpha rates the stock as Hold, with a 3.11 score, while analysts maintain a Buy call, highlighting a £1.3bn buyback and strong cash flow. However, BTI faces challenges from declining cigarette demand and competition in new product categories.