Campbell Soup Company (CPB)

49.99
0.16 0.32
NYSE
Prev Close 50.15
Open 50.39
Day Low/High 49.69 / 50.48
52 Wk Low/High 40.70 / 57.54
Volume 732.61K
Exchange NYSE
Shares Outstanding 303.01B
Market Cap 15.01B
P/E Ratio 19.25
Div & Yield N.A. (N.A)

My Takeaways and Observations

"Be true to your teeth so they won't be false to you." -- Soupy Sales Have we entered a post-fact investment world?    I moved to large ProShares UltraShort S&P500 ETF   position as my freak flags show again. Viva La Revolucion!    Good stuff from t...

Soup Is Warming Up

Campbell Soup is getting jiggy. Mmm mmm good!

My Takeaways and Observations

More of the same -- as Mr. Market remains enthusiastic with The Orange Swan and his contemplated policies aimed at catalyzing domestic economic growth.   But, with fear and doubt having left Wall Street, we may be reaching The Outer Limits. And I ha...

My Takeaways and Observations (2:45 p.m. EST edition)

"First gear, it's all right (Honda, Honda, go faster, faster) Second gear, I'll lean right (Honda, Honda, go faster, faster) Third gear, hang on tight (Honda, Honda, go faster, faster) Faster, it's all right." -- Beach Boys, "Little Honda"  With a b...

My Takeaways and Observations

Slow day, at meetings all morning.   Despite the strength in our currency (and its adverse implications on multi-national profitability), there was no follow-through to yesterday's schmeissing.   I reflected on my July call that we have hit a Genera...

My Takeaways and Observations

"Everyone here likes the bounce." -- President-elect Donald Trump (said in a meeting today at Trump Tower with tech executives) A good day for the ursine crowd but not so good for the bullish cabal as they had a bad day -- for a change. (Yes, I am w...

Adding to My Large CPB Long

I am adding to my already large Campbell Soup  long at $59.05.

Campbell Soup Hits Major Resistance

Campbell Soup Hits Major Resistance

I'm looking to add as shares fade back down to their November high, which is the initial support level.

Takeaways and Observations

The markets moved lower from the "get go," though about the time Sixty Minutes was on last evening the S&P 500 futures were up 10 handles. (Futures closed down 2.5 handles)   Perhaps this is the start of a well due correction. Apropos, here is the q...

I Like to Watch

"I like to watch, Eve." -- Chauncey Gardiner, Being There Beyond longs, DuPont  and Radian   , a couple of other investment longs (Hartford Financial  and Campbell Soup  ) are conspicuously higher in a weak tape ... not so much for JC Penney  , in a...

A Scene We Would Like to See

Wowza. Check out the call activity (5,200 contracts) in the Campbell Soup  December $60 calls. One can only hope -- after all it's Merger Monday in three days. Solely on the out-sized activity I am expanding my already long exposure in this name. I ...

My Takeaways and Observations

Was yesterday "FOMO" or something else?    I waited and then moved on the volatility trade.    "How many syllables Mario?" (A Putney Swope reference!)    Wall Street is now a fear-free zone.    Mark Hanson on negative homeowners' equity.    Shorted ...

'Nother Helping of Campbell Soup

I added further to my Hartford Financial  and Campbell Soup  longs -- see earlier post today.

The Hartford, Campbell Soup Still Suit My Tastes

Back in October I made the case that Hartford Financial Services Group and Campbell Soup represent attractive takeovers and that the markets are assigning a low probability to those events. I have large longs in both stocks, and both equities reside...

FOMO ... or Something Else?

"What if everything is an illusion and nothing exists? In that case, I definitely overpaid for my carpet." --Woody Alllen The magnitude of the market advance yesterday surprised me and many others. After a one-week sideway consolidation from an over...

Risk Control 'Trumps' Conviction

I have covered today's bank shorts -- for a small loss.   I have had an excellent 2016 and since I can't explain today's gain .... With today's buys -- Campbell Soup  , JC Penney  , Hartford Financial   ... And today's sales -- ProShares UltraShort ...

Today's Trades

I have been active this morning. I have added to my Campbell Soup  and JC Penney  longs. I covered a portion of my iShares Barclays 20+ Yr Treas.Bond ETF short puts for a nice profit ("For Traders Only") -- will complete the cover by day's end. I ha...

My Takeaways and Observations

"Well, they call you lady luck But there is room for doubt At times you have a very un-lady-like way Of running out..." -- Guys and Dolls, Luck Be A Lady (Frank Sinatra)  Trump will not likely Make Twitter Great Again.   I, bear.    Explaining my pr...

A Shopping List

While I see many stocks with attractive reward vs. risk, they reside mostly on the short side.   Some stocks I plan to short on any strength include: Citigroup  , Bank of America  , JP Morgan Chase  , Caterpillar  , Metlife  , Lincoln National  , Fo...

And So Begins Another Day

I start the day substantially net short. This week I added back to my long in ProShares UltraShort S&P 500 ETF and my short holdings in SPDR S&P 500 ETF and iShares Russell 2000 ETF and selectively added to some individual longs (e.g., Campbell Soup...

My Takeaways and Observations

What a strange day -- maybe even ominous.   This table tells it all.    The divergences I have been mentioning this week intensified today, with the technology-laden Nasdaq taken out to the shed and the Russell 2000 Index trading lower for the third...

Umm, Umm, Good

Campbell Soup is trading up $0.90 from today's add on buy.  Umm, umm, good.

My Takeaways and Observations

The important messages today are the developing divergences.    The strength in energy stocks (reflecting a $3.88 a barrel rise in crude oil) masked the underlying weakness in the broader markets. Stated simply, these divergences in breadth, highs/l...

My Takeaways and Observations (2 p.m. Edition)

"Takeaways" is early today as I have to prepare for two company meetings tomorrow morning.   I am seeing signs of some exhaustion after the vigorous two-week advance in the markets -- especially in the "league-leading" Russell Index. The Russell wil...

My Takeaways and Observations (3:30 p.m. Edition)

It may be time to embrace the contrary.    First issue (!!): The Palm Beach Chronicles.   My weekly (brief) technical review of the markets -- cooling off ahead?    BTIG's Stockton is bullish and so, as I have expressed, are most others!   Campbell ...

Bullish and Bearish Reversals in the Market

Bullish and Bearish Reversals in the Market

Charts showing up or down trends in the past week.

RBC Sees Campbell Heating Up

RBC Capital Markets raises its Campbell Soup price target to $60 a share based on better-than-expected first-quarter results. As the brokerage noted: "Fiscal 1Q was notable for two main reasons: 1) overhead and supply chain savings are accruing fast...

Pouring More Campbell's Into My Bowl

I added to my Campbell Soup long this morning. Here's why I like the name.

Noodle This: Campbell Soup Makes Best Ideas List

Campbell Soup has been placed on my Best Ideas List. See why in the post just below.

Campbell Soup: Umm, Umm Good!

Back in October I made the case that Hartford Financial Services Group and Campbell Soup represent attractive takeovers, and that the markets are assigning a low probability to those events:  Looking for Mr. Goodbar in the Soup and Insurance Aisles ...