Campbell Soup Company (CPB)

I recently took a +$9 profit in a trading long rental in Kraft Heinz (above $64/share) - as well as a $8 profit in Procter & Gamble . The defensive consumer group was hit badly today and is a key market feature - with losses across the board. Includ...

* The market is broken in price and in structure * Over the near term the easy money may have been made on the short side * Over the intermediate term (the balance of 2018) the market outlook remains bearish * We may now be seeing the initiation of ...

"It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price." - Warren Buffett I am constantly reminded of Warren Buffett's simple but brilliant investment philosophy and process. The quote above is an exampl...

Credit Suisse raises its price target from $30 to $32 on Campbell Soup : Campbell isn't Kraft Heinz' top pick for an acquisition, but KHC probably could justify buying CPB for the cost savings if at the right price. However, we doubt that the Dorran...

With trading +$2.50 (at over $41) I am reducing my very large long holdings to medium sized. This move is based on my perception of upside reward to $50-$52 on a deal and downside risk to about $35. That's +$10 of upside and -$6 of downside -- still...

This morning JP Morgan opined on a possible Kraft Heinz acquisition of Campbell Soup , "When You Buy a Hat Like This I Bet You Get a Free Bowl of Soup." I have long surmised that a Kraft Heinz acquisition of Campbell Soup made sense. Increasing mana...

In happier news, the New York Post reported over the weekend that Kraft Heinz is interested in acquiring Campbell Soup ! Here is what I wrote last week on the subject of consumer packaged goods mergers: A Pinnacle-Conagra Merger May Mark the Beginni...

My triumvirate of very large holdings - Campbell Soup , Comcast and Procter & Gamble - are all jiggy today. How is that for pure self promotion? Enjoy the weekend and thanks so much for reading. I hope today's missives and my posts all week provided...

* The rationale for more mergers and restructurings grow more compelling "A steady stream of disappointing earnings releases has recently underscored my initial negative thesis. The share prices of consumer packaged goods companies have regularly hi...

Over the last few weeks I have sold a number of my longs including (but not restricted to) all of my Dillard's , Macy's and Twitter holdings. I have reduced the size of some others (e.g., Box ). At the same time I have added to some longs (Procter &...

As expressed recently, I continue to see a large accumulator of CPB stock in the market: Just Wishin' and Hopin' Jun 19, 2018 ' 11:08 AM EDT Wishin' and hopin' and thinkin' and prayin' Plannin' and dreamin' each night of his charms That won't get yo...

Wishin' and hopin' and thinkin' and prayin' Plannin' and dreamin' each night of his charms That won't get you into his arms So if you're lookin' to find love you can share All you gotta do is hold him and kiss him and love him And show him that you ...

"Just one more thing."  - Lt. Columbo As we approach the end of the first half of 2018 it is a good time for reflecting on one's decision making process. This year is turning out to be one of the best absolute and relative performance periods I have...

Wishin' and hopin' and thinkin' and prayin' Plannin' and dreamin' each night of his charms That won't get you into his arms So if you're lookin' to find love you can share All you gotta do is hold him and kiss him and love him And show him that you ...

Last week I moved my to a large sized position - joining POS Campbell Soup and last week's Trade of the Week, Procter & Gamble , in the much hated consumer packaged good space. I expect mergers and restructurings ahead in this sector - as a means of...

  *Staying medium sized long but raising my trailing short stop The big take from yesterday was the continuation of a violent rotation between groups - in the market without sector memory from day to day. This is an example of the new regime of vola...

I have no shorts and I am long , and in the food space. I expect a consolidation period ahead for the heavily hated consumer packaged goods companies.

Added to banks, , , this morning at the get-go.

I have added to the following longs this afternoon: Box , Comcast , Campbell Soup , Procter & Gamble and Kraft Heinz . I am ever slightly net long now, Fish!

High above the Alps my Gnome continues to hear that Procter & Gamble's Board of Directors is looking at a spinoff into two or three separate companies. Don't know if it's true but this notion was part of my investment rationale, "I am Double Upgradi...

Also, yesterday I talked up consumer staples in a lower rate environment - a contrarian view. (Note: CNBC has had a feature on the woeful outlook for packaged goods companies. First level thinking, me thinkst.) Second level thinking asks have the pr...

I covered some under $270. I covered all of my down -$4. I added to , , , , and .

* The Italian debt crisis will result in a downgrading of European economic growth and lower interest rates for longer * Plunging Treasury yields provide short term and long term risks and opportunities Over the last week, as the emerging markets ha...

Adding to the following longs this afternoon: Procter & Gamble , Kraft Heinz , Campbell Soup , Citigroup , Bank of America , and JPMorgan Chase .

Yesterday Tim "Not Judy or Phil" Collins did an excellent technical take on  . Today, Paul "The" Price "Is Right" does an equally thorough technical analysis on the company. This morning's opening missive offered a fundamental reason why packaged go...