Campbell Soup Benefits From Multiple Expansion

Prasanna Rajagopal profile picture
Prasanna Rajagopal
934 Followers

Summary

  • Low beta provides excellent protection against market volatility.
  • Can offer low-to-mid single-digit revenue growth.
  • Watch for volume growth in the coming quarters.
  • Good ROE and ROIC provide good financial returns.

Follow the leader

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I rated Campbell Soup (NYSE:CPB) a buy on December 6, 2021, when it was trading at $41.19. It turned out to be a very profitable trade, especially compared to the return from the S&P. Campbell Soup, which

Campbell Soup's Y/Y Quarterly Revenue [2019-2022]

Campbell Soup's Y/Y Quarterly Revenue [2019-2022] (Seeking Alpha, Author's Calculation)

This article was written by

Prasanna Rajagopal profile picture
934 Followers
Prasanna Rajagopal comes with in-depth knowledge of the technology industry, having spent over 15 years in various sectors of the software industry. Prasanna loves to learn and write about business and investment opportunities in technology, media, retail, and industrial companies. Prasanna has a M.B.A. from UCLA Anderson School of Management, a M.S. in Industrial Engineering from Wichita State University and a Bachelor's degree in Mechanical Engineering from University of Madras.

Disclosure: I/we have a beneficial long position in the shares of CPB, VOO, VGT, VIS, VDC either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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