I am new in purchasing stock in Campbell Soup Company. Could someone please let me know how you feel that the company is doing. I noticed that the Earnings Growth for the Canned Soup Industry increased while Campbell Soup decreased. Could you let me know why you think this is and if it is wise for me to enter the market at this time. Thank you,
The company's earnings growth rate was 10% in the last five years. It is looking forward to introducing new products and (soup) flavors this year. . We advise investors to stay away from CPB, until the company is able to wean its soup business off promotions, and new products can bring a turnaround in sales.
"C" is right, do not look at these message boards for stock information. Another good source is American Association of Individual Investors. (AAII). It can be found on the internet. I think there is an annual fee of $50.00, but they have good information available on stocks, bonds, mutual funds, and more. They have a monthly newsletter too I believe. Good Luck, I hope you get the info you need.
Hi! If you're interested in purchasing any stock, the message board for the company you're interested is not an ideal place for recommendations.
Most boards for stocks that are struggling are dominated by the passions of existing investors who support their long positions by extolling the virtues of the company, equally passionate complainers who constantly whine and make a career out of bashing the company and its management, and/or people who are motivated to drive the price down because they are short sellers.
When a stock is rising in price, it seems that the only kind of postings on the board are those of happy investors!
But seriously, your research efforts should include a company's annual report, a trusted professional's advice, and industry research such as that contained in Value Line or Standard & Poor's (to name just two).
Being involved in a local investment club (often sponsored by the NAIC) is a great way to tap into the resources of that organization and the support/advice of neighbors and friends who have become educated about selecting stocks.
Good luck. And by the way, a purchase of Campbell Soup stock at this time requires an act of faith since it is a security that has gone nowhere lately except down in price.
I, however, am in the stock and optimistically await an upturn. <g>
Buying Campbells now is like going to Vegas. Chances are you could hit it big if a white knight comes along and starts a bidding war among other food companies. However the Family (Dorrances) have stated they want an all cash deal, haning turned down a previous offer from Phillip Morris months ago.
With David johnson back at the helm, the numbers reported to Wall Street will improve. However, the relationship of these numbers should not be associated with the company performance.
Private Label and alternative branded items (Progresso) will continue to erode share. It is difficult for any one company to maintain a 70%+ market share in any category.
Growth in the core soup business will have to come from new consumption and convenience ideas. Branded soup stations in airports are starting to show up in more locations, but soup still requires two hands. Recent wall Street article on General Mills CEO philosophy needs to be taken at heart by Campbell. How do we make it a one-handed food for today's lifestyle. It's not that difficult, but the marketing powers have yet to discover it and more importnatly have not comitted to market the product to toady's dual income households.