Just keep a knocking as it continues to go up. Nice Up Volume. Will rally into 2014 regardless of a down market. Wall Street market makers know how to play the game. DD.
Someone is knock knock knocking on CEO's door. This stock is universally panned by the Wall Street analyst community - which is good news for value contrarians if you catch my drift...
It's oversold, it's a great company, pays dividend and will be around for 200 more years. This Holiday season will be a good one for CPB and we will see new high in 2014. This is a great long term stock. When Shorts you better cover. DD. IMHO
This may not be most peoples' ideal stock, but it is fairly safe and pays a decent dividend. It's well below its 120-, 60-, and 10-day exponential moving averages.
I have owned the stock for years and know the Company well. How they missed this much and didn't bother to warn during the normal warning season, is a surprise to me. Management could improve communications, to say the least. The drop is no surprise since the miss. Time to buy? Not just yet IMO.
I do not buy your products all because f all the ABOVE, High Sodium, Coated cans which causes illness, and prices which extremely high. I also keep track on your products on the shelves. They usually are not touched as I walk through the isles of the stores. People got to be stupid to eat something that is expensive and which would kill them quickly. HIGH SODIUM will do the trick.
Sentiment: Strong Sell
Being based in Camden is hurting the company. No one wants to work in Camden, or in New Jersey in general. Crime is too high, poverty everywhere, high taxes, too much regulation, too many democrats.
Only idiots would be willing to work in Camden, thus this company is ran by idiots. Campbell's should move down south. Declining revenue is not good. Stock is headed to $25
I agree with the direction, but not with your reasoning. CPB is simply way overvalued. PE of nearly 30??? yea, right. When it gets to $29-$30, then its a buy.
Ugly gap down open is con't. No support till 35. All Dec Jan put options very active. This could get very ugly if market corrects. Good name just a bad moment in time. Could be the next Rubber Maid. NWL- that was a very ugly ride which had a similar bolt out of the blue decline.
Sentiment: Strong Sell
When your consumer staple is slowly becoming obsolete, then it is possible to miss by 30%. CPB is not innovating the company, it is not reflecting the new health paradigm that the younger population is embracing. In short, the company will slowly bleed to death and become a has-been brand name unless they start NOW transforming the company into a healthier eating experience. Think Kodak. The company was slow to innovate and as a result, it became forever obsolete.
if thats the problem for CPB, then why isnt it a problem for EVERYBODY else??? stop trying to distract from the real issue here with your insignificant, asinine BS.
Campbell's overhead in general is far too excessive. And frankly, this dinosaur just isn't in future kitchens. I don't see keurig soup being a driver, and I question the other markets they plan on exploring especially as they begin selling off portions of themselves (i.e. Europe business) - while buying baby food businesses that are being run poorly (see recent recall). Not that I have problems with buying baby food producers; just do a better job at it is all.
If you ever read the book "One Up on Wall Street", by Peter Lynch, one of the greatest investors that ever lived, you would realize that staying in Camden is actually a huge plus.
He found that when he visited some corporate headquarters with the latest fancy decked out stuff, posh furniture, etc., it meant that their priorities were in the wrong place; on the other hand, when he went to visit a corporate headquarters that the taxi drivers were afraid to go, he saw it as a good sign. Over his tenure at the Magellan fund, Lynch averaged about 29% a year for thirteen years, beating the S&P in 11 out of 13 years. I think I'll go with Lynch on this, and not some random Yahoo poster.
Spending corporate money to move to a new headquarters (when the company is already hurting financially) would be a foolish move, and the company is wise not to waste money on something without identifiable ROI.
Why does this company still have their headquarters in the most dangerous ghetto in the country?
The fact that the executives are too dumb to relocate the office is reason enough to sell the stock.
Sentiment: Strong Sell
well, Progresso soup is $2 a can, and they arent passing that one by, go look at their sales. You could buy TWO cans of Campbell for one can of Progresso.