E Daily Stock Pick: Campbell Soup (CPB)

This week, I'm seeking the second robust dividend-paying stock from the consumer defensive business sector for my Ivy portfolio. 

That defensive sector includes thirteen industries all related to providing those conveniently packaged goods we've just gotta have. Industries like: beverages, brewed, soft, or distilled; confections; discount stores; education & training; farm products; food distribution; grocery stores; household & personal products; packaged goods; pharmaceutical retailers; tobacco

Today I'm reviewing a large-cap packaged foods company, named Campbell Soup Company Its trading ticker symbol is CPB.

Campbell Soup Co operates in the packaged foods industry. The products within its scope include meals and beverages, biscuits and snacks.

It operates through three segments: Americas Simple Meals and Beverages, Global Biscuits and Snacks, and Campbell Fresh. 

The Americas Simple Meals and Beverages segment engages in the retail and food service of Campbell's soups; Swanson broth. stocks; Prego pasta sauces; Pace Mexican sauces; Campbell's gravies, pastas, beans, and dinner sauces Swanson's canned poultry products; Plum food and snack products; V8 juices and beverages; and other simple meals.

The Global Biscuits and Snacks segment offers Pepperidge Farm bakery and frozen products in the United States retail; and Snyder's-Lance snacking products in the United States and Europe. It also provides Arnott's biscuits in Australia and the Asia Pacific; Kelsen cookies worldwide; simple meals and shelf-stable beverages in Australia, the Asia Pacific, and Latin America.

The Campbell Fresh segment offers Bolthouse Farms fresh carrots, carrot ingredients, refrigerated beverages, and refrigerated salad dressings; Garden Fresh Gourmet salsa, hummus, dips, and tortilla chips; and refrigerated soups in the United States. 

The company sells its products through retail food chains, mass discounters, mass merchandisers, club stores, convenience stores, drug stores, and dollar stores, as well as e-commerce and other retail, commercial, and non-commercial establishments; and independent contractor distributors. 

1 2 3
View single page >> |

Disclaimer: This article is for informational and educational purposes only and should not be construed to constitute investment advice. Nothing contained herein shall constitute a solicitation, ...

more
How did you like this article? Let us know so we can better customize your reading experience. Users' ratings are only visible to themselves.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.