Campbell Soup Company.
Campbell Soup Shares Rise Sharply on a Higher-Than-Expected
12 Percent Rise in 2Q Profits. Campbell Soup Company,
together with its subsidiaries, engages in the manufacture
and marketing of convenience food products. It operates in
four segments: U.S. Soup, Sauces, and Beverages; Baking and
Snacking; International Soup and Sauces; and Other. The U.S.
Soup, Sauces, and Beverages segment primarily offers condensed
and ready-to-serve soups; broth and canned poultry;
pasta sauce; Mexican sauce; canned pasta, gravies, and beans;
meal kits; vegetable juice; juice beverages; and tomato juice.
Important Statistics:
Return on Equity : 50.91% Market Capital : 16.45 billion
Operating Margin : 16.58% Profit Margin : 10.36%
Price to Book : 12.81
Technical Analysis View
UPTRENDING : Campbell soup has been in an uptrend (Higher lows)
since Febrauary of 2006. It hasn't even bounced off the 200 EMA
at all during 2006 but accelerated higher into 2007 where its
just surged higher on excellent results. Watch for a retracement
to the 50 or 200 EMA. Good business and a great stock with decent
margins. Profit target is around $60 last seen in 1999.