Campbell Rises On Unusually High Volume (CPB)

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

NEW YORK ( TheStreet) -- Campbell Soup (NYSE: CPB) is trading at unusually high volume Thursday with 3.6 million shares changing hands. It is currently at two times its average daily volume and trading up $1.43 (+3.8%) at $39.61 as of 11:30 a.m. ET.

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Campbell has a market cap of $12.03 billion and is part of the consumer goods sector and food & beverage industry. Shares are up 9.7% year to date as of the close of trading on Wednesday.

Campbell Soup Company, together with its subsidiaries, engages in the manufacture and marketing of branded convenience food products worldwide. The company has a P/E ratio of 16.1, below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Campbell as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, attractive valuation levels, good cash flow from operations, notable return on equity and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Campbell Ratings Report.

See all heavy volume stocks in our stocks moving on unusual volume list or get investment ideas from our investment research center.

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