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Campbell Soup Co

Nestle, Tyson, food giants bet on air fryers

An Air Fryer for sale at Kroger Marketplace in Versailles, Kentucky, U.S., on Tuesday, Nov. 24, 2020.Scotty Perry | Bloomberg | Getty ImagesKettle Foods, known for its kettle-cooked potato chips, recently unveiled what it called "the future of the potato chip category": air-fried chips.The Campbell Soup brand's snack launch, made with patent-pending technology, is the latest example of Big Food betting on consumers' love of all things cooked in air fryers.In 2022, U.S. consumers spent nearly $1 billion buying air fryers,…

Smucker is the only new ‘dividend aristocrat’ worth buying

CNBC's Jim Cramer on Tuesday said that investors should consider adding J.M. Smucker stock to their shopping lists."Even though this market's had a real good run, and I think the bear is more or less dead outside of tech, I still think you need some downside protection because this is a tricky moment," he said.related investing newsNordson, C.H. Robinson and J.M. Smucker qualified for the S&P 500 Dividend Aristocrats and will be added to the index on Feb. 1, the S&P Dow Jones Indices said earlier this month.The…

Jim Cramer says he likes these 5 consumer staple stocks in 2023

CNBC's Jim Cramer on Wednesday recommended a slate of consumer staple stocks for 2023."I'm not entirely convinced that we're headed for a recession next year, but we're definitely looking a meaningful slowdown, and that's terrific for the consumer staples," he said.The Fed raised interest rates by 50 basis points Wednesday, breaking its streak of four consecutive 75-basis-point increases, and forecast hiking rates through next year. Chair Jerome Powell also signaled that the central bank needs to parse through more data…

Campbell Soup, Pinterest, Toll Brothers and others

Check out the companies making headlines before the bell:Campbell Soup (CPB) – Campbell Soup beat estimates by 14 cents with adjusted quarterly earnings of $1.02 per share. Revenue also beat consensus and the food producer said its results were helped by strong pricing, improved productivity and supply chain improvements. Campbell Soup rose 1.2% in the premarket.Pinterest (PINS) – Pinterest rose 1.2% in premarket trading after an official from activist investor Elliott Management was added to the image-sharing website…

Markets need a strong job market, tame inflation

CNBC's Jim Cramer on Friday told investors that stocks could see another strong week of trading, given the right economic conditions."As the year winds down, the holidays will become more and more of a focus. Right now, the forecast is cloudy – too many cross currents. But if the job market stays strong and inflation stays tame, we could be in for still one more very good week," he said.related investing newsJim Cramer's Investing Club meeting Friday: Hot jobs report, Marvell earnings read throughStocks closed up for the…

Hormel Foods, Campbell Soup, Ciena and others

Check out the companies making headlines before the bell:Hormel Foods (HRL) – Hormel fell 4.2% in the premarket after issuing a mixed batch of quarterly results and guidance. The food producer's quarterly revenue beat forecasts, but earnings were slightly short. The same was also true for its full-year outlook as Hormel expects higher operational costs to persist.Campbell Soup (CPB) – Campbell Soup lost 2.4% in the premarket after its quarterly profit and sales matched Wall Street estimates. Campbell issued an upbeat…

Nvidia, Okta, Five Below, Bed Bath & Beyond and more

A Nvidia logo is seen on the company's building at an industry park on February 7, 2019 in Tianjin, China.VCG | Visual China Group | Getty ImagesCheck out the companies making headlines in midday trading.Nvidia — Nvidia's stock sank 7.7% amid news that the government is restricting the sale of some of its chips to China. Shares of Advanced Micro Devices, which was also ordered to stop selling artificial intelligence chips to China, fell 6%. Micron Technology lost more than 1%. Broadcom dropped more than 2%, and Qualcomm…

Jim Cramer says investors can hide in these three recession-proof packaged food stocks

CNBC's Jim Cramer on Thursday gave investors three options for packaged food stocks they can seek refuge in, as the stock market continues to seesaw."With commodity costs coming down big, the food stocks can become recession-proof safe-havens. But you have to be selective, which means sticking with the winners that we know are doing well," he said.All three major indices fell on Thursday, the last day of the second quarter. The Dow Jones Industrial Average and S&P 500 had their worst quarters since the first quarter…

Campbell Soup, Moderna, Western Digital and others

Check out the companies making headlines before the bell:Campbell Soup (CPB) – The food producer's shares rallied 3.7% in the premarket after Campbell reported an adjusted quarterly profit of 70 cents per share, 9 cents above estimates. Sales also beat forecasts, and the company raised its full-year sales outlook. Campbell also maintained its prior earnings forecast, noting it now expects core inflation to run hotter than its previous outlook.Thor Industries (THO) – The recreational vehicle maker's stock surged 6.9% in…

DocuSign, Campbell, Moderna and more

The Docusign Inc. website on a laptop computer arranged in Dobbs Ferry, New York, U.S., on Thursday, April 1, 2021.Tiffany Hagler-Geard | Bloomberg | Getty ImagesCheck out the companies making headlines in midday trading.Campbell Soup – The food company saw shares gain 2.3% after reporting a better-than-expected quarterly report. Campbell posted an adjusted profit of 70 cents per share, 9 cents above Refinitiv consensus estimates. Sales also beat forecasts, and Campbell raised its full-year sales outlook. The company…