#2 - Campbell Soup (NYSE:CPB)
Campbell Soup (CPB)- Beta: 0.14- Dividend Yield: 3.08%
We’re heading out of the traditional “soup season”, but Campbell Soup (NYSE:CPB) is still a good investment in the consumer staples sector. Initially, the stock popped as consumers stocked up on soup. But the company has a portfolio of brands that go well beyond soup. Goldfish brand crackers, Pepperidge farm cookies, and Swanson frozen meals are just a few examples.
And the company’s supply chain is largely located in the United States. This means that customers should be able to find the company’s products when they shop online or at the store.
I ask you to consider this. As the calendar turns to June, kids would be home from school anyway. If your household is anything like mine then you know that the demand for snack foods increases in proportion to the number of children in my house. So whether we’re all still staying home or not, there is a need for the company’s products.
Some will argue that Campbell’s Soup has been a market laggard, but for investors who have held the stock for over five years have a gain of over 10%. And they get a nice dividend for the down times.
About Campbell Soup
Campbell Soup Company, together with its subsidiaries, manufactures and markets food and beverage products in the United States and internationally. The company operates through Meals & Beverages and Snacks segments. The Meals & Beverages segment engages in the retail and foodservice businesses in the United States and Canada.
Read More - Current Price
- $45.53
- Consensus Rating
- Reduce
- Ratings Breakdown
- 2 Buy Ratings, 9 Hold Ratings, 3 Sell Ratings.
- Consensus Price Target
- $46.38 (1.9% Upside)
