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Why This 1 Value Stock Could Be a Great Addition to Your Portfolio

Taking full advantage of the stock market and investing with confidence are common goals for new and old investors alike.

Many investors also have a go-to methodology that helps guide their buy and sell decisions. One way to find winning stocks based on your preferred way of investing is to use the Zacks Style Scores, which are indicators that rate stocks based on three widely-followed investing types: value, growth, and momentum.

Why Investors Should Pay Attention to This Value Stock

Finding good stocks at good prices, and discovering which companies are trading under their true value, are what value investors like to focus on. So, the Value Style Score takes into account ratios like P/E, PEG, Price/Sales, and Price/Cash Flow to highlight the most attractive and discounted stocks.

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Campbell Soup (CPB)

Based in Camden, NJ, Campbell Soup Company, together with its subsidiaries, is a worldwide manufacturer and marketer of high-quality, branded convenience food products. The company was instituted as a business corporation on Nov 23, 1922 under the laws of New Jersey. The company’s brands are sold in approximately 120 countries, and its principal geographies include North America, France, Germany, Belgium, and Australia. The widely-recognized brands of the company include Campbell’s, Pepperidge Farm, Bolthouse Farms, Arnott’s, V8, Swanson, Pace, Prego, Royal Dansk, and Garden Fresh Gourmet.

CPB boasts a Value Style Score of B and VGM Score of B, and holds a Zacks Rank #3 (Hold) rating. Shares of Campbell Soup are trading at a forward earnings multiple of 18.5X, as well as a PEG Ratio of 4.7, a Price/Cash Flow ratio of 14X, and a Price/Sales ratio of 1.8X.

Many value investors pay close attention to a company's earnings as well. For CPB, four analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.02 to $3.01 per share for 2023. Per share CPB boasts an average earnings surprise of 10.7%.

CPB should be on investors' short lists because of its impressive earnings and valuation fundamentals, a good Zacks Rank, and strong Value and VGM Style Scores.

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Campbell Soup Company (CPB) : Free Stock Analysis Report

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Zacks Investment Research