The Campbell’s Company (NASDAQ:CPB) is one of the stocks that Jim Cramer recently commented on. During the episode, Cramer called it a good company as he commented:
“I’m not going to go against a market that’s signaling that interest rates are coming down. That’s what today did. And the high fliers have flown too high, while the companies with good dividends have gotten too low. This is just temporary. So what are you supposed to do then? First, know that the rotations are not investible, but at best, they’re tradable. Take Campbell’s or General Mills, both yield almost 5%. Both are good companies, just not as good, maybe not as good as PepsiCo, but they’re in the same league… So if people are craving chips and soda again, maybe they’ll also crave food from General Mills and Campbell’s, neither of which has the calories of Doritos or the chemicals of soda.”
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Campbell’s (NASDAQ:CPB) produces food and beverage products, including soups, sauces, juices, frozen meals, snacks, and bakery items. The company distributes them through retail, foodservice, and e-commerce channels.
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Disclosure: None. This article is originally published at Insider Monkey.