4 Consumer Stock Stories for Astute Investment Shopping
Campbell Soup Company (NYSE:CPB): Current price $39.80
Campbell’s Chief Executive, Denise Morrison, is more pleased with the company’s soup season than she had expected to be. Performers included the resurgence of its Chunky brand along with a better-than-anticipated response to a price hike on condensed soups. At the Consumer Analyst Group of New York conference, Morrison commented that, “It’s gone better than expected in the right direction but we’re not finished yet. I’m not putting balloons up, but it feels better. It’s been pretty bad for a long time.”
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