Campbell Soup Co (CPB)

[slimhere]

Hard to believe we are nearly at a yearly low. Can't wait for earnings!

Campbell Soup may not pop into your head as a flashy, popular stock, but in times of a pandemic, soup is indeed “good food,” to reference the venerable brand’s tag line. The brand has benefited from the combination of its long shelf life, its ease of use and its comforting properties.

The company’s most recent earnings release on Sept. 3 reflected a fourth-quarter net sales increase of 18% and a year-over-year adjusted earnings jump of 50%.

The stock had a good run from March 1 through late August, gaining about 18%. In the last few weeks, some profit-taking has hit the stock, which now trades about even on the year. Holders continue to benefit from the dividend, which pays over 3% annually.