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Here's Why Campbell Soup (CPB) is a Strong Growth Stock
Campbell SoupCampbell Soup(US:CPB) ZACKSยท2024-11-19 15:45

Group 1 - The Zacks Style Scores are indicators that help investors select stocks with the best chances of outperforming the market over the next 30 days, rated from A to F based on value, growth, and momentum characteristics [3][10] - The Value Score identifies attractive and discounted stocks using ratios like P/E, PEG, and Price/Sales [4] - The Growth Score focuses on a stock's future prospects and financial health, analyzing projected and historical earnings, sales, and cash flow [5] Group 2 - The Momentum Score helps investors capitalize on price trends, using factors like one-week price change and monthly earnings estimate changes [6] - The VGM Score combines all three Style Scores, providing a comprehensive indicator for stock selection [7] - The Zacks Rank, a proprietary stock-rating model, uses earnings estimate revisions to assist in building a winning portfolio [8][10] Group 3 - Campbell Soup Company (CPB) is a global manufacturer and marketer of branded convenience food products, established in 1922 [13] - CPB holds a 3 (Hold) Zacks Rank with a VGM Score of A and a Growth Style Score of B, indicating a year-over-year earnings growth forecast of 3.9% for the current fiscal year [14] - The Zacks Consensus Estimate for CPB has increased by $0.01 to $3.20 per share, with an average earnings surprise of 4.3% [14][15]