This summary was created by AI, based on 1 opinions in the last 12 months.
Experts are of the opinion that Campbell Soup Company's product line is mature and offers limited growth potential, resulting in a sideways stock. While their snacks business shows some promise, it is not a significant growth driver. The consensus among experts is that the stock may either decline while the dividend rises, or the company might opt to acquire another company.
Will buy Sovos Brands for $2.7 billion all cash. Makes sense, giving Campbell's a growth engine at a time when the stock is out of favour, down 22% YTD. Buy this dip.
Strong performance lately.
Excellent brand name with mature assets.
Defensive name that won't see major growth.
A lot of bond proxies, including staples, have been under pressure. If CPB can rise above its current trend channel, we'd see a new uptrend. That's a concern, because when things go great, then people don't need to buy staples. Also, if he sees CPB move higher and break its downtrend, then it would tell him that something big is happening, that portfolio managers are becoming cautious.
Campbell Soup Company is a American stock, trading under the symbol CPB-N on the New York Stock Exchange (CPB). It is usually referred to as NYSE:CPB or CPB-N
In the last year, 1 stock analyst published opinions about CPB-N. 0 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Campbell Soup Company.
Campbell Soup Company was recommended as a Top Pick by on . Read the latest stock experts ratings for Campbell Soup Company.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
1 stock analyst on Stockchase covered Campbell Soup Company In the last year. It is a trending stock that is worth watching.
On 2024-11-15, Campbell Soup Company (CPB-N) stock closed at a price of $43.15.
Their product line is very mature and offers little growth. This has been a sideways stock. Their snacks business is doing well, but not a growth driver. Either the stock declines and the dividend rises, or they buy another company.