Jim Cramer on Campbell’s Company: “Money managers don’t like to buy stocks of companies that are going to have bad years”

Jim Cramer on Campbell’s Company: “Money managers don’t like to buy stocks of companies that are going to have bad years”
Jim Cramer on Campbell’s Company: “Money managers don’t like to buy stocks of companies that are going to have bad years”

The Campbell Company (NASDAQ:CPB) is one of the actions on Jim Cramer’s game plan. Cramer highlighted the stock’s negative performance, as he said:

Food stocks have been terrible lately. One of the worst is Campbell’s, which has savory snacks, baked goods, and of course, soups. This damn thing is now only worth $7.7 billion, despite the acquisition of Rao’s, which has been a home run for the company. That 6% yield seems really safe. But the problem, the real sticking point, is that Campbell’s earnings are suspected to decline in 2026, and money managers don’t like buying shares of companies that are going to have years of decline, plain and simple.

A stock market graph. Photo by Arturo A on Pexels

The Campbell’s Company (NASDAQ:CPB) manufactures and sells soups, broths, sauces, juices, frozen meals and beverages. Additionally, it offers a wide range of snacks through brands such as Pepperidge Farm, Goldfish, Snyder’s of Hanover, Cape Cod and Kettle Brand. A caller asked about the stock and mentioned its performance during the September 30, 2025 episode, and Cramer responded:

Conagra isn’t the only food stock with a huge yield. Campbell’s has been fighting bears for years. Speaking of solid brands… Pepperidge Farm, Cape Cod… V8, all solid. Stock returns are just under 5%. Something tempting, but why is that performance so high? I think the only way to justify purchasing this one is if you’re hoping for an acquisition. And at least so far, that hasn’t been a good bet.

It is important to note that since the above comment was issued, The Campbell’s Company (NASDAQ:CPB) share price has fallen more than 18%.

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