Jim Cramer Says People Feel The Campbell’s Company (CPB) Should Merge

We recently published 10 Stocks That Were On Jim Cramer’s Radar As He Warned “It’s Too Early” To Buy. The Campbell’s Company (NASDAQ:CPB) is one of the stocks Jim Cramer recently discussed.

Consumer packaged goods firm The Campbell’s Company (NASDAQ:CPB)’s stock was among the consumer packaged product firms that Cramer discussed. He shared that these firms are struggling in a market where GLP-1 drugs have reduced the demand for their products. At the same time, Cramer also discussed whether the current broader market environment and industry dynamics could lead to consolidation within the packaged foods industry. Here is what Cramer said about The Campbell’s Company (NASDAQ:CPB):

“But I think the others Campbell’s, General Mills, people feel, wait a second, it’s time for the great consolidation. We don’t have the FTC blocking us. We really have to just get some bandwidth. Mars has bandwidth. . .”

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Previously, Cramer discussed The Campbell’s Company (NASDAQ:CPB)’s dividend yields:

“I’m not going to go against a market that’s signaling that interest rates are coming down. That’s what today did. And the high fliers have flown too high, while the companies with good dividends have gotten too low. This is just temporary. So what are you supposed to do then? First, know that the rotations are not investible, but at best, they’re tradable. Take Campbell’s or General Mills, both yield almost 5%. Both are good companies, just not as good, maybe not as good as PepsiCo, but they’re in the same league… So if people are craving chips and soda again, maybe they’ll also crave food from General Mills and Campbell’s, neither of which has the calories of Doritos or the chemicals of soda.”

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