CPB - get some warm soup for those upcoming cold winter months.
Consumer staples have been hit hard recently and I can't imagine this one continuing to go lower. Sure, health is all the craze but when times are tough consumers go for the cheap stuff. Plus, eating healthy sucks. Jump on this dividend beheamoth before it's too late.
Play:
Buying the $1.25, 1/12/2024 call - SP = $41
Also, sell the .60 CSP and collect premium. Expiry date of 12/8/2023.
I'm okay holding this and dollar cost averaging if it dives after earnings. Dividend record date is 01/04/2024.
Play:
Buying the $1.25, 1/12/2024 call - SP = $41
Also, sell the .60 CSP and collect premium. Expiry date of 12/8/2023.
I'm okay holding this and dollar cost averaging if it dives after earnings. Dividend record date is 01/04/2024.
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