10 Best Confectionery, Cookie and Snack Stocks To Buy

7. The Campbell’s Company (NASDAQ:CPB)

Number of Hedge Fund Holders: 40

The Campbell’s Company (NASDAQ:CPB) is one of the best confectionary, cookie, and snack stocks to buy. Barclays and UBS maintained a Sell rating on The Campbell’s Company (NASDAQ:CPB) on January 20 and January 14, respectively, with Barclays keeping the price target at $27. Previously, Barclays lowered the price target on the stock to $27 from $30 on January 16 while maintaining an Equal Weight rating on the shares, telling investors that potential oil and currency headwinds may materialize in 2026.

The same day, Morgan Stanley cut the price target on The Campbell’s Company (NASDAQ:CPB) to $28 from $30 and maintained an Equal Weight rating on the shares. The firm told investors that it sees rising competitive risk in “an already challenging backdrop” for U.S. food stocks, with promotions, value-focused pricing, and private label momentum accelerating into 2026.

In addition to Morgan Stanley, BofA also cut the price target on The Campbell’s Company (NASDAQ:CPB) to $29 from $30 on January 13, maintaining an Underperform rating after the firm updated its estimates to take into account quarter-to-date Nielsen scanner trends through the period ended December 27. Based on these trends, BofA cut its Q2 organic sales assumptions to up 2% from up 3% for Meals & Beverages and down 4.5% from down 2% for Snacks.

Formerly known as Campbell Soup Company, The Campbell’s Company (NASDAQ:CPB) offers affordable food and beverages, with its operations divided into two divisions: Snacks and Meals & Beverages. Its brand portfolio comprises approximately 16 brands, including Campbell’s, Cape Cod, Chunky, Goldfish, Kettle Brand, Lance, Late July, Pace, Pacific Foods, Pepperidge Farm, and others. The company’s North American Foodservice division offers recipes, food, and tailored solutions for a range of segments, including restaurants, healthcare facilities, specialty coffee shops, lodging, schools, and more.