Jim Cramer on The Campbell’s Company (CPB): “I Want No Part of It”

We recently published a list of Jim Cramer’s Game Plan: 9 Stocks in Focus. In this article, we are going to take a look at where The Campbell’s Company (NASDAQ:CPB) stands against other stocks that Jim Cramer discusses.

Cramer started the game plan with The Campbell’s Company (NASDAQ:CPB) as he said:

“Look, we’re going to get earnings from Campbell’s Monday morning, and there was a time when I would tell you, listen, if I get the stock at 11 times earnings with a four and a half percent yield, I gotta buy, buy, buy. Now, though, I want no part of it, given the gross margin squeeze from the rising cost on everything in the can and the can itself. Oh, let’s not forget the rise of GLP-1 weight loss drugs, which make you feel too full. They make you feel so you can’t have a lot of Goldfish. Goldfish, what did they do?”

A woman preparing a meal using packaged foods with V8 juices and the other products of the company in the background.

Campbell’s (NASDAQ:CPB) produces and sells a wide range of food and beverage products, including soups, sauces, juices, frozen meals, yogurt, and a variety of snacks such as crackers, chips, and cookies. The company’s offerings span well-known brands and cater to both retail and foodservice customers.

READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.

Disclosure: None. This article is originally published at Insider Monkey.