Imperial Brands Added to the SMA Portfolio

By on October 13, 2017

Imperial Brands PLC (IMBBY) was added to the SMA Portfolio this week at a price of $42.25. The allocation to IMBBY is 2.6% of the portfolio.

Imperial Brands is a large British tobacco company trading near its 52 week low. IMBBY trades at a discount (PE of around 13) to its peer group and yields over 4%. The business isn’t exciting, but it should provide stable returns in the coming years.

IMBBY

Chart from seekingalpha.com

Disclaimer: It is very difficult to outperform a buy and hold strategy. Many investors have found themselves well served over long time horizons by investing regularly in a diversified portfolio of stocks or low cost, broadly diversified indexed stock funds. Information presented is based on analysis of past data and assessments by the Tactical Timing System model. Future performance may not reflect past performance. Profitable trades are not guaranteed. No system or methodology ensures stock market profits. Although accuracy is strived for, no guarantee is made regarding the accuracy of data presented.

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