In last week's preview we took a peek at expectations for Campbell Soup earnings, but now the company is scheduled to report fiscal fourth quarter results this coming Thursday. With Krispy Kreme also among the handful of companies scheduled to report this week, we may yet see whether consumers are turning to comfort foods in these uncertain times.

Campbell Soup Co. (NYSE: CPB), the world's biggest soup maker, is still expected by analysts surveyed by Thomson Financial to post net income of 25 cents per share (up 44.0% from a year ago) on revenue of $1.7 billion (up 7.4%). The Camden, N.J.-based company has just missed earnings estimates in the past few quarters. Its long-term EPS growth forecast is 7.9%, which is less than the industry average, but about the same as rivals Kraft Foods (NYSE: KFT) and HJ Heinz (NYSE: HNZ). The analysts' consensus recommendation is currently to buy Campbell.

Hip, Canadian apparel retailer Lululemon Athletica Inc. (NASDAQ: LULU) is also anticipated to be a big earnings gainer when it reports this week. Net income is expected to come in at 13 cents per share (up 46.2% from a year ago) on revenue of $88.2 million (up 50.3%). Lululemon met expectations when it reported 12 cents per share in the previous quarter. Its long-term EPS growth forecast is a healthy 40.2%, which is better than the industry average and that of rival Under Armour Inc. (NYSE: UA). The analysts' consensus recommendation is currently to buy Lululemon.

MOST NOTEWORTHY: Edison International, Animal Health International and SanDisk were today's noteworthy initiations:

• RBC Capital initiated Edison International (NYSE: EIX) with an Outperform rating and $64 target citing strong rate base growth and the favorable environment at Southern California Edison.
  
• Piper assumed coverage of Animal Health International (NASDAQ: AHII) with a Buy rating and $10 target, as they believe the current valuation is attractive from long-term investors.
  
• Pacific Crest started SanDisk (NASDAQ: SNDK) with a Sector Perform rating and believes the valuation is too high following the recent strength as product margins are trending down.

OTHER INITIATIONS:

• Sandler initiated Heritage Commerce (NASDAQ: HTBK) with a Hold rating and $16 target.
  
• Burger King (NYSE: BKC) was initiated with a Buy rating and $34 target at Piper.
  
• RBC Capital assumed U.S. Geothermal (AMEX: HTM) with an Outperform rating and $4 target.

Investors tired of getting whipsawed by the current stock market gyrations may wish to investigate a stable stock such as PetMed Express (NASDAQ: PETS). Americans currently spend in excess of $40 billion a year on their pets. That figure is expected to rise 12% annually for the next few years as pets fill the void in empty-nester baby boomer households. PetMed Express is sitting on $55 million in cash and NO debt.

At just under $12 per share, PetMed is near its 52-week low. The company recently instituted a $20 million stock buyback program. Latest quarterly and YTD numbers look great. Net sales in 3Q increased 19% to $37.3 million. YTD net sales are up 18% to $148 million. 3Q net income is up a huge 60% to $4.4 million. YTD net income increased 40% to $14 million.

65% of all company orders are placed through the company's website, and online sales continue to increase by volume. Reorder sales increased 28%, meaning more and more pet owners are perfectly comfortable ordering their pets' medication via the internet, just as they do their own.