Campbell Soup Stock Could Post Impressive Returns

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Campbell Soup Company (CPB) shares fell to a six-year low in January, with shareholders hitting the exits after endless quarters of slumping profits, but the stock is now exhibiting unusual strength. This buying pressure looks like institutions rebuilding positions at a rapid pace, forecasting much higher prices in the coming months. There’s plenty of potential upside if this bullish tape continues, with the stock trading nearly 30 points under 2016’s all-time high at $67.89.

The canned food king has spent the first months of 2019 looking for ways to increase shareholder value, reacting to criticism by activist investor Dan Loeb. His Third Point hedge fund won control of two board seats in October, increasing leverage over the


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