Do soup and coffee mix?
Shares of Green Mountain Coffee Roasters are down on news the company is partnering with Campbell’s Soup. Is this combination so crazy it just might work?
According to Motley Fool Analyst Ron Gross, while the idea is a good one, it’s probably not a game-changer for either company -- Green Mountain is still going to focus on its core coffee market, and Campbell’s is going to continue selling regular old soup. But which company most needs this experiment to work?
Meanwhile, due to some financial finagling, Campbell’s earnings are down dramatically from last year, which is why Ron thinks Campbell needs this experiment to work. Meanwhile, Ron thinks Green Mountain shareholders shouldn’t buy into the news, nor should they panic -- he thinks that the best course of action is to stay calm and wait to see how the soup packets are received by consumers, when they debut in 2014.
The Motley Fool's 12 top stocks for 2013 are now available! So if you're tired of picking stocks out of a hat and hoping that one skyrockets, check out Stocks 2013: The Investor's Guide to the Year Ahead. It's The Motley Fool's current top report, and includes Chief Investment Officer Andy Cross's top stock for 2013! This under-the-radar company is the secret winner in the war for the last precious drops of oil on the planet. Find out what it is and how you can take advantage of this unseen company's huge profits in this special, free report, just click here now.
Campbell Soup is off because the economy sucks and at the same time a can of Campbell's Chicken Noodle Soup (my favorite) Costs $1.19 or 75 cents on sale at the moment at Shoprite. Partner with expensive coffee? What genius thought that up? A better partner would be Nabisco Saltines and A&W Root Beer.
And heaven forbid I should buy Cream or Asparagus that costs more than $2. Broccoli with Cheese costs $1.69.
I don't drink coffee with Soup. I may drink tea but probably a Root Beer or a Coke.
This is good though. I sold my Campbell's Stock at $39 just before it took off to $48. Fortunately though I bought it at $25 and now with this dopey idea, I can see where I may buy it again when it hits $25, heck, maybe $20. It's still good soup.
And just by the by, you'll never see me eating Heinz anything. Kerry's old lady is a liberal **** and Kerry is worse. Kerry can take his 3 PH and his PBR and put them where the sun don't shine.
Ahhh, but I digress!
Copyright © 2014 Microsoft. All rights reserved.
The cash and debt deal would combine the two largest manufacturers of lottery and gambling equipment.
VIDEO ON MSN MONEY
Top Stocks provides analysis about the most noteworthy stocks in the market each day, combining some of the best content from around the MSN Money site and the rest of the Web.
Contributors include professional investors and journalists affiliated with MSN Money.
Follow us on Twitter @topstocksmsn.