ConAgra Foods Inc. (CAG): Today's Featured Food & Beverage Winner
(
) pushed the Food & Beverage industry higher today making it today's featured food & beverage winner. The industry as a whole closed the day up 0.3%. By the end of trading, ConAgra Foods rose $0.44 (1.2%) to $36.00 on average volume. Throughout the day, 2,847,048 shares of ConAgra Foods exchanged hands as compared to its average daily volume of 3,368,200 shares. The stock ranged in a price between $35.52-$36.00 after having opened the day at $35.57 as compared to the previous trading day's close of $35.56. Other companies within the Food & Beverage industry that increased today were:
(
), up 10.2%,
(
), up 4.0%,
(
), up 3.9% and
Mead Johnson Nutrition Company
(
), up 3.8%.
ConAgra Foods, Inc. operates as a food company primarily in North America. The company operates through two segments, Consumer Foods and Commercial Foods. ConAgra Foods has a market cap of $14.8 billion and is part of the consumer goods sector. Shares are up 21.3% year to date as of the close of trading on Tuesday. Currently there are 7 analysts that rate ConAgra Foods a buy, no analysts rate it a sell, and 4 rate it a hold.
TheStreet Ratings rates
ConAgra Foods
as a
. The company's strengths can be seen in multiple areas, such as its robust revenue growth, solid stock price performance, impressive record of earnings per share growth, compelling growth in net income and reasonable valuation levels. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated.
- You can view the full ConAgra Foods Ratings Report.
On the negative front,
(
), down 7.2%,
(
), down 4.8%,
Green Mountain Coffee Roasters
(
), down 3.9% and
(
), down 3.2%.
- Use our food & beverage section to find industry-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the food & beverage industry could consider
PowerShares Dynamic Food & Beverage
(
) while those bearish on the food & beverage industry could consider
PowerShares DB Agriculture Sht ETN
(
ADZ
).
- Find other investment ideas from our top rated ETFs lists.
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