Saturday, March 17, 2012

Cambell's Soup (CPB)

Been looking into this company and I like what I see. Management is cutting costs and making the right moves to start growing this company again. The dividend is 3.5% at a low payout ratio of around 40%, so easily maintained and hopefully will be raised soon. That and food costs have been way up so they should level off from here. Once food costs start to fall it will go right to their bottom line as profits. This is a long and short term buy, IMHO. Good luck investing. Tony

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