Campbell Soup's most recent trend suggests a bullish bias. One trading opportunity on Campbell Soup is a Bull Put Spread using a strike $45.00 short put and a strike $40.00 long put offers a potential 21.95% return on risk over the next 23 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $45.00 by expiration. The full premium credit of $0.90 would be kept by the premium seller. The risk of $4.10 would be incurred if the stock dropped below the $40.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Campbell Soup is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Campbell Soup is bullish.
The RSI indicator is at 23.41 level which suggests that the stock is neither overbought nor oversold at this time.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for Campbell Soup
3 Dividend Stocks to Buy on Sale
Sun, 20 Sep 2020 12:09:00 +0000
One of the best reasons to buy dividend stocks on sale is that a cheaper price means better-than-normal yields. Buying cheap dividend stocks is a great way to position your portfolio for some great returns as you can benefit from possible capital gains while also collecting recurring income. Three dividend stocks that have fallen in the past month and that you can buy on the dip today are Bristol Myers Squibb (NYSE: BMY), Campbell Soup (NYSE: CPB), and Citigroup (NYSE: C).
Campbell Appoints Camille Pierce as Chief Culture Officer
Thu, 17 Sep 2020 20:00:00 +0000
Campbell Soup Company (NYSE:CPB) appointed Camille Pierce as Vice President and Chief Culture Officer, effective Oct. 26, 2020. In this newly created role, Pierce will lead Campbell’s enterprise-wide inclusion and diversity (I&D) strategy, working across the organization to build a winning team and culture, and aligning the company’s I&D goals with business outcomes. She will become a member of the Campbell Leadership Team.
Campbell Soup CEO: Return To Normalcy Doesn't Mean Lower Sales
Thu, 17 Sep 2020 19:05:14 +0000
One of the early beneficiaries of consumers' pantry-stocking food items was Campbell Soup Company (NYSE: CPB) and CEO Mark Clouse wants to make it clear a return to some form of a "new normal" bodes well for the company.What Happened: Campbell discussed a return to normalcy during its fiscal fourth-quarter earnings conference call and had some assuming this is foreshadowing a return to the company's "old, slow way," CNBC's Jim Cramer said on "Mad Money."The point Campbell wanted to make is that it successfully "trained and educated an entire new generation" of consumers and this contributes to an outlook that has "never been brighter," Clouse responded to Cramer."We feel great that as we enter into a new normal that this is going to be an elevated level of relevance for Campbell," the CEO said.Why It's Important: Campbell has benefited from six months of outsized demand and this has put some pressure on the company to ensure supply keeps up with demand. But management has been very active in addressing supply issues through the addition of co-manufacturers and other initiatives."I am 100% comfortable we are going to address these problems," Clouse said.What's Next: Campbell is preparing itself today to keep up with demand from peak soup season in the Fall and Winter months. After that, the executive said he expects to show investors ongoing "momentum and growth."Related Links:Recap: Campbell Soup Q4 EarningsAfter Campbell's Falls On Q4 Results, CEO Tells Investors To Think Long-TermSee more from Benzinga * After Campbell's Falls On Q4 Results, CEO Tells Investors To Think Long-Term(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Campbell's Cools Heading Into Soup Season
Thu, 17 Sep 2020 12:04:00 +0000
In his first “Executive Decision” segment of Mad Money Wednesday night, Jim Cramer spoke with Mark Clouse, president and CEO of Campbell Soup Co. , the packaged foods maker with shares off 12% over the past month as investors questioned whether the pantry-stocking trend would continue. Clouse said that consumers are getting comfortable with their new normal and that includes cooking more at home with Campbell's products. Clouse added that Campbell is attracting a whole new generation of consumers, with over 50% of sales stemming from younger, millennial consumers.
Kraft Heinz CEO: Warren Buffett's top two lieutenants on our board liked our $3.2 billion deal
Wed, 16 Sep 2020 15:31:51 +0000
Yahoo Finance chats with Kraft Heinz CEO Miguel Patricio about his new plan to overhaul the food giant.
Related Posts
Also on Market Tamer…
Follow Us on Facebook