Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.
) pushed the Consumer Goods sector lower today making it today's featured Consumer Goods laggard. The sector as a whole closed the day down 0.4%. By the end of trading, ConAgra Foods fell $0.49 (-1.4%) to $34.51 on light volume. Throughout the day, 1,796,270 shares of ConAgra Foods exchanged hands as compared to its average daily volume of 3,070,300 shares. The stock ranged in price between $34.50-$35.02 after having opened the day at $35.02 as compared to the previous trading day's close of $35.00. Other companies within the Consumer Goods sector that declined today were:
), down 10.1%,
), down 8.1%,
), down 5.7% and
), down 5.7%.
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ConAgra Foods, Inc. operates as a food company primarily in North America. The company operates through four segments: Consumer Foods, Commercial Foods, Ralcorp Food Group, and Ralcorp Frozen Bakery Products. ConAgra Foods has a market cap of $14.7 billion and is part of the food & beverage industry. Shares are up 18.6% 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
. 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 positive front,
), up 34.9%,
), up 19.1%,
), up 11.3% and
), up 9.8% , were all gainers within the consumer goods sector with
) being today's featured consumer goods sector leader.
- Use our consumer goods section to find sector-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 consumer goods sector could consider
) while those bearish on the consumer goods sector could consider
- Find other investment ideas from our top rated ETFs lists.