Campbell Soup Company (CPB)

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...

* Large mergers may be the solution to the price/cost squeeze facing the consumer packaged goods space * An industry consolidation would serve to create important economies of scale, sizeable cost saves and needle-moving synergies Back in September,...

"Desperado, why don't you come to your senses? Come down from your fences, open the gate It may be rainin', but there's a rainbow above you You better let somebody love you (let somebody love you) You better let somebody love you before it's too lat...

* Management is executing poorly on several fronts and, at the same time, faces a price/cost squeeze * The company lowered its 2018-19 earnings guidance * I plan to hold on to my shares (I purchased more 'in the hole' this morning) This morning's Ca...

As you probably already know, Campbell Soup announced Friday that CEO Denise Morrison is abruptly retiring. I wrote recently in It Is Time for the Dorrance Family To Consider Selling Campbell Soup that it's time for the company to sell itself to War...