Campbell Soup Company (CPB)

Prev Close 48.44
Day Low/High 48.48 / 49.16
52 Wk Low/High 44.53 / 54.08
Exchange NYSE
Shares Outstanding 303.01B
Market Cap 14.68B
P/E Ratio 19.25
Div & Yield N.A. (N.A)

My Takeaways and Observations (Early Edition)

The story's in the past with nothin' to recall, I've got my life to live and I don't need you at all. The roller-coaster ride we took is nearly at an end, I bought my ticket with my tears, that's all I'm gonna spend. -- The Cyrkle, Red Rubber Ball M...

Campbell Soup Memo

Memo to Gary morrow who just wrote some favorable comments on Campbell Soup .    The company, at its Analyst Day recently reaffirmed 2017 guidance.

Campbell Soup Bucks Market

The dog named Campbell Soup is trading better in a bad tape. I am adding and will have more on this name early next week.

Today's Trades

I have only purchased SPDR S&P 500 ETF Trust puts, sold SPY calls and added (in a small way ) to Campbell Soup today.

More Soup Please

Undaunted, I added another layer to Campbell Soup  today after the company affirmed its guidance in this week's Analyst Day.  CPB is this week's Trade of the Week. (More on the Analyst Day input next week) I figure you can't get killed falling off a...

State of Play

Little price movement over the last few hours. I haven't executed a trade as I make my way back to my office. Dillard's is still a monster -- in a better retail space. Twitter  makes a new high. Allergan approaching $250 resistance, again. Hartford ...

Oil's Nice Move

I am still on the Campbell Soup call. That said, nice move on oil -- up 75 cents to over $47 a barrel -- and Energy Select Sector SPDR ETF   following suit. Reminder: No "Takeaways' today as I will be Dennis Gartman's special guest on his client cal...

Campbell Soup Offers No Surprises

The first session of Campbell Soup's  analyst day concluded with little that could be described as surprising or market moving.   The company reiterated its guidance for fiscal 2017 and went on to explain their business and product offering strategi...

Campbell Soup Webcast

I will be on the Campbell Soup webcast (analyst day) from 12:15 p.m.    Anything newsworthy will be delivered immediately in my diary.

Trading Update

In the interest of full disclosure, let me review my trades/investments this week as I was out Monday and Tuesday:   I added to ProShares UltraShort S&P 500 , SPDR Gold Shares , Campbell Soup , Nordstrom , Dillard's and Twitter longs.   Today I adde...

Trade of the Week: Long Campbell Soup

Ahead of today's Analyst Day, Campbell Soup has reaffirmed its 2017 guidance, meeting its cost-saving, comp-sales growth and revenue/profit goals.  CPB and its majority shareholder, the Dorrance family, now face an important juncture in deciding on ...

Still a Fan of Campbell Soup

The dog named Campbell Soup is up modestly today. While it would not be a surprise if the company slightly lowered its guidance at its analyst day next week, I am hopeful that it is already materially discounted in the current share price. I just ad...

My Takeaways and Observations (Afternoon Edition)

"If it is what you say I love it...." - Donald Trump Jr Risk Happens Fast -- and the reverberations of today's disclosures may weigh on the markets for a while as the Administration's initiatives get further lost in the bowels of Washington DC.   Th...

Here's What's What on the Trading Front

Campbell Soup is ex-dividend today ($0.35). I am adding to CPB and Twitter this morning. I continue to short the popular money-center bank group. iShares iBoxx High Yield Corporate Bond ETF continues to venture further below the $88.25 support level...

My Takeaways and Observations

"I never knew how easy the game of baseball was until I entered the broadcasting booth." -- Mickey Mantle While the markets were relatively flat there was a lot of subsurface action.   The Alternative to the Bullish View. I might be right I might be...

Campbell Soup: Mmmm Not Good

Campbell Soup: Mmmm Not Good

The stock has broken an important support zone.

Midday Report: Fed Reiterates Balance Sheet Plans; Wall Street Higher After Jobs Number

Midday Report: Fed Reiterates Balance Sheet Plans; Wall Street Higher After Jobs Number

Wall Street held onto solid gains through the morning after a blowout jobs report.

Campbell Soup Goes Organic With Latest Deal

Campbell Soup has purchased privately held organic foods company Pacific Foods ($220 million in annual sales) for $700 million.   CPB will fund the acquisition with short- and long-term debt.   The deal should be a non-event for the shares.   The sm...

These Are Some of My Favorite Stocks (Part Deux)

Raindrops on roses And whiskers on kittens Bright copper kettles and warm woolen mittens Brown paper packages tied up with strings These are a few of my favorite things" -- Julie Andrews, "My Favorite Things" I remain manifestly bearish in the belie...

Dipping Into the Soup and Twitter

I'm adding to my Campbell Soup and Twitter longs.

Just Where Is That Beef, Anyway?

As mentioned in my "Trade of the Week" opener today, the hard domestic economic data has started to come down (again). I look for the yield on the 10-year U.S. note to breach 2.30% on the downside over the near term in response to the softer data, p...

Off My Trading Schneid

Added to Campbell Soup . Merger Monday?!??!!! But, as Grandma Koufax used to say, "If wishes were horses then beggars would ride."

Allergan at a Distance from Resistance

Allergan's share price is starting to separate from the $250 resistance and the high $240s where we sold most of the stock. (T)FAANG looks tired. Campbell Soup on a bounce from depressed levels. Twitter up on vague takeover rumors.

My Short-Term Strategy

Yesterday, as posted, I took advantage of the market weakness by selling out a large ProShares UltraShort S&P 500 ETF long and eliminating ProShares UltraPro Short QQQ (re-established a day earlier). As a result, I considerably reduced my net short ...

Livin' Large With CPB

I have moved back to large on Campbell Soup -- though there is a risk of continued disappointing earnings. The private market value is simply too high relative to current share price. The company is engaged currently in a large buyback.

More Soup for Me

I am back adding to Campbell Soup under $51.85.

The Good, the Bad and the Ugly (Monday Edition)  

"If you work for a living, why do you kill yourself working?" -- Tuco, The Ugly: " The Good, the Bad and the Ugly"  No "Takeaways" today as the action was another boring and relatively uneventful day. It was also another day dominated by strategies ...

Removing Campbell Soup as a 'Best Idea' Long

This weekend I pondered what to do with my large Campbell Soup holdings.   Reluctantly, I am removing CPB from my Best Ideas List and I have reduced the position from large to medium in size for a loss.  Instantly on Friday, Campbell Soup and other ...

My Outlook for the Market's Major Sectors

"Friday's price action suggests the possibility of a trend change and really is indicative of a market of stocks rather than a stock market."  - Kass Diary, "It Appears We're Trending Toward a Trend Change"  Back in 2015 I instituted a new regular f...

Takeaways and Observations

  Top 10 Reasons the Lambs May Be Sheared ... or Slaughtered.    Stated simply, I see a trend change.   Hello uncertainty and volatility.    My pledge to all of the subs.    No, the tech selloff is not healthy and may not be an opportunity.  And som...