Monday U.S. Economic Lookahead S&P U.S. manufacturing PMI (Sept.) ISM manufacturing index (Sept.) Construction spending (Aug.) Motor vehicle sales (Sept.) Featured Earnings Legend Biotech Corporation (NASDAQ: LEGN) (Q3) EPS estimates for loss of 58 cents, compared to a loss of 32 cents in the prior-year quarter. NextDecade Corporation (NASDAQ: NEXT) (Q3) EPS estimates for loss of seven cents, compared to a loss of 13 cents in the prior-year quarter. Azure Power Global Limited (NYSE: AZRE) (Q3) EPS estimates of 22 cents, compared to 19 cents in the prior-year quarter. Canada S&P Global Canada Manufacturing PMI (Sept.) The index fell to 48.7 in August, down from 52.5 in July. Tuesday U.S. Economic Lookahead Job Openings (Aug.) Quits (Aug.) Factory Orders (Aug.) Featured Earnings Acuity Brands Inc. (NYSE: AYI) (Q4) EPS estimates of $3.14, compared to $3.05 in the prior-year quarter. SMART Global Holdings Inc. (NASDAQ: SGH) (Q4) EPS estimates for 49 cents, compared to 93 cents in the prior-year quarter.
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ConAgra (CAG), McCormick (MKC), Helen of Troy (HELE), Constellation Brands (STZ), Levi Strauss (LEVI) and Tilray Brands (TLRY) are among the companies set to report earnings next week.
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Friday''s top analyst upgrades and downgrades included Apple, Coinbase Global, Constellation Brands, Dollar General, First Solar, Kraft Heinz, Marvell Technology, Monster Beverage, QuantumScape, Range Resources and VFC.
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Canopy Growth Announces Results of Annual General and Special Shareholder Meeting Canopy Growth Corporation (TSX: WEED) (NASDAQ: CGC) (“Canopy Growth” or the “Company”) today announced the voting results from its annual general and special meeting of shareholders held on September 15, 2022 (the “Meeting”). A total of 256,426,802 common shares of the Company, representing 53.42% of the issued and outstanding common shares of the Company, were voted in connection with the Meeting by shareholders and proxy holders. All of the matters put forward before the Company’s shareholders for consideration and approval, as set out in the Company’s definitive proxy statement dated July 28, 2022 (the “Proxy Statement”), were approved by the requisite majority of votes cast at the Meeting, as further detailed below. Each of the directors listed as a nominee in the Proxy Statement was elected at the Meeting to serve as a director of the Company until the Company’s next annual shareholders meeting or until his or her successor is duly elected or appointed.
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A new Bank of America report cites Diageo (NYSE:DEO) and Pernod Ricard (OTCMKTS:PRNDY) as U.S.-listed alcoholic beverage companies expected to show resilience even in a weak consumer environment. Both stocks are showing year-to-date declines, as well as losses over shorter time frames. Meanwhile, other companies, such as Brown-Forman (NYSE:BF.B) , Constellation Brands (NYSE:STZ) and Molson […]
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Constellation Brands, Inc. (NYSE:NYSE:STZ) Barclays 2022 Consumer Staples Conference September 07, 2022 11:15 AM ET Company Participants Garth Hankinson – Chief Financial Officer Conference…
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VICTOR, N.Y., Sept. 01, 2022 (GLOBE NEWSWIRE) -- Constellation Brands, Inc. (NYSE: STZ and STZ.B), a leading beverage alcohol company, announced today it will report financial results for its secon…
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Constellation Brands to Report Second Quarter Fiscal 2023 Financial Results; Host Conference Call October 6, 2022 | Comunicados | Edición USA | Agencia EFE
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ConAgra Brands with ticker code (CAG) have now 15 analysts covering the stock. The analyst consensus points to a rating of ''Hold''. The range between the high target price and low target price is between 40 and 32 calculating the average target price we see 35.9. With the stocks previous close at 34.91 this now indicates there is a potential upside of 2.8%. The 50 day MA is 34.24 while the 200 day moving average is 33.85. The company has a market capitalisation of $16,964m. Visit the company website at: https://www.conagrabrands.com [stock_market_widget type="chart" template="basic" color="green" assets="CAG" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $17,445m based on the market concensus. Conagra Brands, together with its subsidiaries, operates as a consumer packaged goods food company in North America. The company operates in four segments: Grocery & Snacks, Refrigerated & Frozen, International, and Foodservice. The Grocery & Snacks segment primarily offers shelf stable food products through various retail channels in the United States.
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WASHINGTON (dpa-AFX) - Branded food company Conagra Brands, Inc. (CAG) announced Monday that Tracy Schaefer has been promoted to senior vice president and chief information officer, effective toda…
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At a time when the resumption in exports of grains from some Ukrainian ports has calmed down the rising food prices, the United States is on the brink of witnessing the lowest cotton production in over a decade, setting the stage for a sharp rise in its price. While Food processing stocks like Archer Daniels Midland (NYSE: ADM) and Conagra Brands (NYSE: CAG) are expected to benefit from the falling food prices, rising cotton prices could prove to be beneficial for companies like Farmland Partners Inc. (NYSE: FPI). Now, let’s take a closer look at the factors that are influencing the U.S. agriculture industry.
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This Is What Hedge Funds Bought And Sold In Q2: Full 13F Summary While we already covered what may have been the most boring 13F of the second quarter, namely that of Berkshire Hathaway which saw very few changes with Warren Buffett merely adding to a few legacy positions and trimming a few others (full breakdown here)… ... as well as the most interesting one, that from Tiger Global which confirmed that the so-called hedge fund was nothing more than a paper-hands retail investor, dumping most of its biggest holdings just as the market troughed, and leaving the world''s most overrated tech fund missing on all of the recent market upside... ... we also have had quite a few hedge funds inbetween. Courtesy of Bloomberg here are the highlights of the just concluded 13F seasons: Risk off: Chase Coleman’s Tiger Global Management, Dan Sundheim’s D1 Capital and Michael Burry’s Scion Asset Management were among firms that continued to offload equities in the period. Tiger’s aggregate exposure to stocks dropped by about 55% to $11.8 billion.
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In its recent 13-F filing, Jana Partners disclosed new positions in New Relic (NEWR) with 3.53M shares; its fund value worth is $1.16BIt raised stakes in Laboratory Corporation of…
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Check out Jana Partners Stock Picks » Download GuruFolio Report of Jana Partners (Updated on 08/14/2022) Related Stocks: ZEN , CAG , NEWR , LH , SPY ,
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ConAgra Brands found using ticker (CAG) have now 15 analysts covering the stock. The analyst consensus points to a rating of ''Hold''. The target price ranges between 40 and 32 with a mean TP of 35.87. Now with the previous closing price of 34.44 this would imply there is a potential upside of 4.2%. The day 50 moving average is 33.64 and the 200 day MA is 33.72. The company has a market cap of $16,529m. Find out more information at: https://www.conagrabrands.com [stock_market_widget type="chart" template="basic" color="green" assets="CAG" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $17,215m based on the market concensus. Conagra Brands, together with its subsidiaries, operates as a consumer packaged goods food company in North America. The company operates in four segments: Grocery & Snacks, Refrigerated & Frozen, International, and Foodservice. The Grocery & Snacks segment primarily offers shelf stable food products through various retail channels in the United States.
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New Jersey, NJ -- ( SBWIRE ) -- 08/10/2022 -- Latest Study on Industrial Growth of Ready-to-Eat Food Market 2022-2028. A detailed study accumulated to offer Latest insights about acute features of the Ready-to-Eat Food market. The report contains different market predictions related to revenue size, production, CAGR, Consumption, gross margin, price, and other substantial factors. While emphasizing the key driving and restraining forces for this market, the report also offers a complete study of the future trends and developments of the market. It also examines the role of the leading market players involved in the industry including their corporate overview, financial summary and SWOT analysis. The Major Players Covered in this Report: Nestle, ConAgra, Unilever, Kraft Heinz, Campbell Soup, Hormel Foods, The Schwan Food, JBS, Sigma Alimentos, Iglo Group (Nomad Foods), Sisters Food Group, Tyson Foods, Fleury Michon, Grupo Herdez, Greencore Group, Maple Leaf Foods, McCain, Advanced Fresh Concepts, Nomad Foods Ltd., Bakkavor Foods, Bird''s Eye, Findus Group, General Mills, PepsiCo, Premier Foods Group, Orion Corporation, ITC Limited & Orkla ASA Ready-to-Eat Food Market Study guarantees you to remain / stay advised higher than your competition.
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Conagra Brands reported mixed earnings and weaker than expected guidance. Check out why I believe CAG stock is worth looking into for long-term investors.
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A Relative Strength Rating upgrade for Conagra Brands shows improving technical performance.
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IDEXX Laboratories Inc (NASDAQ: IDXX ) reported Q2 revenues of $861 million , an increase of 4% Y/Y on a reported basis and 6.5% on an organic basis, missing the consensus of $864.61 million. The growth is driven by Companion Animal Group (CAG) Diagnostics'' recurring revenue growth of 4% reported and 7% organic. U.S. same-store clinical visits at veterinary practices declined 3% … Full story available on Benzinga.com
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The board of Conagra Brands, Inc. (NYSE:CAG) has announced that it will be increasing its dividend by 5.6% on the 1st of September to $0.33, up from last year''s comparable payment of $0.313. This will take the annual payment to 3.7% of the stock price, which is above what
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Conagra Brands, Inc. is recalling around 119,581 pounds of frozen beef products due to misbranding and undeclared egg, a known allergen, the U.S. Department of Agriculture''s Food Safety and Inspection Service or FSIS announced. The frozen beef products are labeled as beef and broccoli but contain orange chicken.
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Monday marks the last chance for investors to receive the next dividend payout from Conagra Brands (NYSE: CAG ). What''s Happening The company announced on Friday that it would pay shareholders a quarterly dividend of 33 cents per share. On Tuesday, Conagra Brands will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other … Full story available on Benzinga.com
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Charisse Brock , VP at Conagra Brands (NYSE: CAG ), reported a large insider sell on July 26, according to a new SEC filing. What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Tuesday showed that Brock sold 3,070 shares of Conagra Brands . The total transaction amounted to $103,551. Conagra Brands shares are trading down 0.61% at $33.62 at the time of this writing on Wednesday morning. Now trade stocks online commission free with Charles Schwab, a trusted and complete investment firm. Why Insider Transactions Are Important Insider transactions shouldn''t be used primarily to … Full story available on Benzinga.com
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Darren Serrao , VP at Conagra Brands (NYSE: CAG ), reported a large insider sell on July 26, according to a new SEC filing. What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Tuesday showed that Serrao sold 6,390 shares of Conagra Brands . The total transaction amounted to $215,534. Conagra Brands shares are trading down 0.61% at $33.62 at the time of this writing on Wednesday morning. Now trade stocks online commission free with Charles Schwab, a trusted and complete investment firm. The Importance of Insider Transactions Insider transactions shouldn''t be used primarily to make … Full story available on Benzinga.com
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Sean Connolly , CEO at Conagra Brands (NYSE: CAG ), reported a large insider sell on July 26, according to a new SEC filing. What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Tuesday showed that Connolly sold 28,656 shares of Conagra Brands . The total transaction amounted to $966,566. Conagra Brands shares are trading down 0.61% at $33.62 at the time of this writing on Wednesday morning. Now trade stocks online commission free with Charles Schwab, a trusted and complete investment firm. The Importance of Insider Transactions Insider transactions shouldn''t be used primarily to make … Full story available on Benzinga.com
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CHICAGO, July 25, 2022 /PRNewswire/ -- Conagra Brands, Inc. (NYSE: CAG), one of North America''s leading branded food companies, today announced the appointment of Denise A. Paulonis to its board of directors, effective August 1, 2022. With this addition, the Conagra Brands board will…
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ConAgra Brands with ticker code (CAG) have now 15 analysts in total covering the stock. The consensus rating is ''Hold''. The range between the high target price and low target price is between 40 and 32 with the average target price sitting at 35.87. Now with the previous closing price of 33.18 this is indicating there is a potential upside of 8.1%. There is a 50 day moving average of 33.45 while the 200 day moving average is 33.67. The market capitalisation for the company is $16,145m. Visit the company website at: https://www.conagrabrands.com [stock_market_widget type="chart" template="basic" color="green" assets="CAG" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $17,454m based on the market concensus. Conagra Brands, together with its subsidiaries, operates as a consumer packaged goods food company in North America. The company operates in four segments: Grocery & Snacks, Refrigerated & Frozen, International, and Foodservice. The Grocery & Snacks segment primarily offers shelf stable food products through various retail channels in the United States.
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Conagra Brands Inc (NYSE: CAG ) said its Board of Directors approved a 5.6% increase in quarterly dividend payment to $0.33 per share. The … Full story available on Benzinga.com
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Is Conagra stock a sell after earnings? See why I rate CAG stock a Hold due to its 2023 outlook and the company’s long-term ability to fend off private label competition.
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Conagra Brands Inc. announced a 5.6% dividend hike on Friday. A quarterly dividend of 33 cents per share will be paid on September 1, 2022 to shareholders of record as of the close of business on August 3, 2022. Conagra stock is down 2.8% for the year to date while the S&P 500 index has slumped 16.1% for the period. See also: Conagra misses on sales, gives profit guidance below Street expectations Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
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Tomato Sauce Market 2022-2028 New Jersey, NJ -- ( SBWIRE ) -- 07/21/2022 -- 2021-2030 Report on Global Tomato Sauce Market by Player, Region, Type, Application and Sales Channel is latest research study released by HTF MI evaluating the market risk side analysis, highlighting opportunities and leveraged with strategic and tactical decision-making support. The report provides information on market trends and development, growth drivers, technologies, and the changing investment structure of the Global Tomato Sauce Market. Some of the key players profiled in the study are Kraft Heinz, Nestle, ConAgra Foods, Del Monte, General Mills, Kissan, Kagome, Chalkis Health Industry, Organicville, Red Duck Foods, GD Foods, Red Gold, Cofco Tunhe, Symrise, Doehler, Kiril Mischeff, Riviana Foods, Tiger Brands, Ariza B.V., Dabur India, SunOpta, Olam International, Galla Foods, Shimla Hills Offerings & Chitale Agro. Get free access to sample report @ https://www.htfmarketreport.com/sample-report/3683939-2021-2030-report-on-global-tomato-sauce-market Tomato Sauce Market Overview: The study provides comprehensive outlook vital to keep market knowledge up to date segmented by Household/Retail, Food Service & Food Processing, , Original Ketchup & Flavored Ketchup and 18+ countries across the globe along with insights on emerging & major players.
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Cooking Oil Market 2022-2028 New Jersey, NJ -- ( SBWIRE ) -- 07/20/2022 -- 2021-2030 Report on Global Cooking Oil Market by Player, Region, Type, Application and Sales Channel is latest research study released by HTF MI evaluating the market risk side analysis, highlighting opportunities and leveraged with strategic and tactical decision-making support. The report provides information on market trends and development, growth drivers, technologies, and the changing investment structure of the Global Cooking Oil Market. Some of the key players profiled in the study are Cargill, Bunge, AMD, ConAgra Foods, CHS, Chinatex Corporation, Richardson Oilseed, J-Oil Mills, Carapelli Firenze, ACH Foods, Olam International, Fuji Oil Holding, Wilmar International, Alami Commodities & Musim Mas Group. Get free access to sample report @ https://www.htfmarketreport.com/sample-report/3665048-2021-2030-report-on-global-cooking-oil-market Cooking Oil Market Overview: The study provides comprehensive outlook vital to keep market knowledge up to date segmented by Household/Retail, Food Service & Food Processing, , Palm Oil, Rapeseed Oil, Sunflower Oil, Peanut Oil & Other and 18+ countries across the globe along with insights on emerging & major players.
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Conagra Brands Inc. (NYSE:CAG) traded at $33.45 at close of the session on Tuesday, 07/19/22, made an upward move of 0.12% on its previous day’s price. Looking at the stock we see that its previous close was $33.41 and the beta (5Y monthly) reads 0.61 with the day’s price range being $33.3901 – $33.81. The … Why Buying The Conagra Brands Inc. (NYSE: CAG) Stock Today Might Make Sense Read More »
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Conagra saw more volume erosion in the fiscal fourth quarter, as pricing is leading consumers to trade down and shift to other products.
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If history is any guide, there may be trouble ahead for shares of Conagra Brands (NYSE: CAG ). A so-called "death cross" has formed on its chart and, not surprisingly, this could be bearish for the stock. What To Know: Many traders use moving average crossover systems to make their decisions. When a shorter-term average price crosses above a longer-term average price, it could mean the stock is trending higher. If the short-term average price crosses below the long-term … Full story available on Benzinga.com
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Shares of Conagra Brands (NYSE: CAG) plunged 8.9% yesterday after the American consumer packaged goods company posted mixed fourth-quarter fiscal 2022 results. Moreover, the company''s guidance for FY23 fell short of Wall Street''s expectations. CAG stock ended the day down 7.2% at $33.15 on July 14. CAG Results in Detail Conagra Brands’ quarterly net sales rose 6.2% year-over-year to $2.91 billion. Although the company’s net sales grew across each segment, they were not enough to beat analysts’ estimates of $2.93 billion. Meanwhile, driven by healthy inflation-driven pricing actions, organic sales leaped 6.8% compared to the same period last year. On the bright side, Q4 adjusted earnings of $0.
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The following slide deck was published by Conagra Brands, Inc.
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ERIC and CAG dropped following the release of their respective earnings reports. AOS slipped on an analyst''s downgrade. RBA rose following an upgrade.
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These are the stocks posting the largest moves in midday trading.
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(Thursday Market Open) The equity markets may take another hit today as JPMorgan Chase (NYSE: JPM ) and Morgan Stanley (NYSE: MS ) kicked off a new earnings season with a couple of misses as equity index futures pushed lower. Potential Market Movers JPM and MS missed on revenue and earnings estimates but JPM is down 3.27% in premarket trading against a 1.04% dip for MS. JPMorgan announced that it would suspend its stock buyback program to increase its loan loss reserves to ensure the company can navigate a potential recession. In fact, the move is due to growth in their loan business and not because they are expecting large losses. While JPM’s investment banking business saw a lot of weakness, they did see gains in their trading business. Morgan Stanley, which focuses more on capital markets and less on retail banking, reported a 55% year-over-year drop in revenue from its investment banking business as the number of merger and acquisition deals and equity and fixed income underwriting deals have plummeted.
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ConAgra Brands (CAG) is scheduled to announce Q4 earnings results on Thursday, July 14th, before market open.The consensus EPS Estimate is $0.63 (+16.7% Y/Y) and the consensus…
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The June-quarter earnings reporting season hits the ground running Wednesday, with two of the nation''s biggest banks and the world''s largest chip foundry releasing quarterly results.
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ConAgra Brands with ticker code (CAG) have now 16 analysts covering the stock. The analyst consensus points to a rating of ''Hold''. The range between the high target price and low target price is between 40 and 31 with a mean TP of 36.01. Given that the stocks previous close was at 35.2 this would indicate that there is a potential upside of 2.3%. The 50 day moving average now sits at 33.73 while the 200 day moving average is 33.65. The company has a market cap of $16,944m. Visit the company website at: https://www.conagrabrands.com [stock_market_widget type="chart" template="basic" color="green" assets="CAG" range="6mo" interval="1d" axes="true" cursor="true" api="yf"] The potential market cap would be $17,334m based on the market concensus. Conagra Brands, together with its subsidiaries, operates as a consumer packaged goods food company in North America. The company operates through Grocery & Snacks, Refrigerated & Frozen, International, and Foodservice segments. The Grocery & Snacks segment primarily offers shelf stable food products in various retail channels in the United States.
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With all the projected growth for plant-based food and beverage companies, it’s not surprising that investors continue to look for the best vegan stocks to buy. Despite the industry’s growth slowing in 2021, Bloomberg Intelligence’s recent report on plant-based food and beverage suggests that plant-based revenue — which includes dairy, meat, and other plant-based alternatives — could grow to $166 billion by 2031 from less than $50 billion today. “Given the softer performance in 2021 and what we expect to be a fairly conservative 2022, we still believe the industry will reach 5% penetration of the global meat market by 2031, but that the growth will accelerate a bit later than our original forecast,” Bloomberg Intelligence senior analyst Sarah Bartashus wrote in May. Currently, plant-based meat alternatives account for 0.8% of the meat market. That’s expected to grow as much as 10-fold over the next nine years. High-Quality Stocks to Buy That Are Trading Below Fair Value Here are seven providers of vegan and plant-based products that will benefit if Bloomberg Intelligence’s projections come to pass.
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TORONTO, July 07, 2022 (GLOBE NEWSWIRE) -- POGO, a brand of Conagra Brands, Inc. is celebrating its 60th anniversary with Canada this summer. After six decades of being one of the country’s most iconic snack brands that is asked for by name, POGO is excited to remind Canadians why it is the perfect snack for all occasions. “POGO has been fueling the child inside us for the past 60 years
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With all the projected growth for plant-based food and beverage companies, it’s not surprising that investors continue to look for the best vegan stocks to buy. Despite the industry’s growth slowing in 2021, Bloomberg Intelligence’s recent report on plant-based food and beverage suggests that plant-based revenue — which includes dairy, meat, and other plant-based alternatives — could grow to $166 billion by 2031 from less than $50 billion today. “Given the softer performance in 2021 and what we expect to be a fairly conservative 2022, we still believe the industry will reach 5% penetration of the global meat market by 2031, but that the growth will accelerate a bit later than our original forecast,” Bloomberg Intelligence senior analyst Sarah Bartashus wrote in May. Currently, plant-based meat alternatives account for 0.8% of the meat market. That’s expected to grow as much as 10-fold over the next nine years. High-Quality Stocks to Buy That Are Trading Below Fair Value Here are seven providers of vegan and plant-based products that will benefit if Bloomberg Intelligence’s projections come to pass.
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Ketchup Market 2022 New Jersey, NJ -- ( SBWIRE ) -- 07/05/2022 -- Ketchup Market - Global Outlook and Forecast 2021-2027 is latest research study released by HTF MI evaluating the market risk side analysis, highlighting opportunities and leveraged with strategic and tactical decision-making support. The report provides information on market trends and development, growth drivers, technologies, and the changing investment structure of the Ketchup Market - Global Outlook and Forecast Market. Some of the key players profiled in the study are The Kraft Heinz Company, Nestle, ConAgra Foods, Del Monte, General Mills, Kissan, Kagome, Chalkis Health Industry, Organicville, Red Duck Foods, GD Foods, Red Gold & Cofco Tunhe. Get free access to sample report @ https://www.htfmarketreport.com/sample-report/3062645-ketchup-market-global-outlook-and-forecast-2021-2027 Ketchup Market - Outlook and Forecast Market Overview: The study provides comprehensive outlook vital to keep market knowledge up to date segmented by Family Consumption & Food Services Market, , Original Ketchup & Flavored Ketchup and 18+ countries across the globe along with insights on emerging & major players.
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Oil Market 2022 New Jersey, NJ -- ( SBWIRE ) -- 07/05/2022 -- The Latest research study released by HTF MI "Worldwide Oil Market" with 100+ pages of analysis on business Strategy taken up by key and emerging industry players and delivers know how of the current market development, landscape, technologies, drivers, opportunities, market viewpoint and status. Understanding the segments helps in identifying the importance of different factors that aid the market growth. Some of the Major Companies covered in this Research are Associated British Foods PLC, Archer Daniels Midland Company, Bunge Limited, Wilmar International Limited, Cargill Incorporated, Conagra Foods, International Foodstuff Company Holdings Limited, Unilever PLc, United Plantations Berhad & Ajinomoto etc. Click here for free sample + related graphs of the report @: https://www.htfmarketreport.com/sample-report/3553971-worldwide-oil-market Browse market information, tables and figures extent in-depth TOC on "Worldwide Oil Market by Application (Food, Industrial, Chemical, Personal Care, Animal Feed & Pharmaceutical), by Product Type (, Oil markets by type, Palm Oil, Soybean Oil, Rapeseed Oil, Sunflower Oil & Olive Oil), Business scope, Manufacturing and Outlook – Estimate to 2027". for more information or any query mail at sales@htfmarketreport.com At last, all parts of the Worldwide Oil Market are quantitatively also subjectively valued to think about the Global just as regional market equally.
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Tellurian Inc. (TELL) with the stream of 0.34% also noticed, India Conagra Brands, Inc. (CAG) encountered a rapid change of 0.93% in the last hour of trading session. Tellurian Inc. … The post Blustering Stock Grabbing Investor’s Attention: Tellurian Inc. (AMEX:TELL), Conagra Brands, Inc. (NYSE:CAG) appeared first on Stocks Equity .
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Conagra outperformed the broader market during times of low consumer confidence. See why CAG stock is attractive from a valuation and dividend point of view.
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Last Friday was a stunning day for the market. The S&P 500 , Dow Jones Industrial Average and tech-heavy NASDAQ Composite ended the day up about 3.1%, 2.7% and 3.3%, respectively. For the week, the S&P 500, Dow and NASDAQ rallied 6.4%, 5.4% and 7.5% — a breath of fresh air following two straight weeks of at least 5% declines. However, the market gyrations picked up steam today. While stocks stormed out of the gate this morning, with the S&P 500 and Dow climbing more than 1% and the NASDAQ jumping about 1% in early trading, the rally fizzled out in the afternoon. Now, I should note that the strength in tech stocks is interesting to see, given how tough it’s been for the NASDAQ this year. As you may recall, the index officially fell into a bear market on March 7, after it closed 20% from its record high of 16,057.44 set on November 19, 2021. Of course, the NASDAQ still has a long way to go, as it’s still down about 28% from its all-time high. But the fact of the matter is some tech stocks were beginning to show signs of life last week — and that’s being reflected in my Portfolio Grader .
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