2024-01-22 14:52:32 ET
Summary
- Campbell Soup Company is a large collection of familiar brands, offering a 3.43% dividend yield and consistent positive free cash flow.
- The company is attempting to acquire Sovos Brands to expand its suite of brands and fit neatly into its existing sauce business.
- Campbell Soup faces risks from inflation and high costs of ingredients, but its strong sales growth and strategic initiatives to reduce costs make it an attractive investment option.
A large collection of familiar brands is always a nice thing to have, and few companies offer more of that than Campbell Soup Company ( CPB ) , the venerable soup maker which after years of acquisitions is now so much more....
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Campbell Soup Company Is Growing And Offering More Than Just Soup