ConAgra Foods Inc. (CAG): Today's Featured Food & Beverage Winner

ConAgra Foods ( CAG) 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: Castle Brands Incorporated ( ROX), up 10.2%, China Marine Food Group ( CMFO), up 4.0%, Tofutti Brands ( TOF), up 3.9% and Mead Johnson Nutrition Company ( MJN), 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 buy. 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.

On the negative front, Truett-Hurst ( THST), down 7.2%, Tianli Agritech ( OINK), down 4.8%, Green Mountain Coffee Roasters ( GMCR), down 3.9% and China New Borun Corporation ( BORN), down 3.2%.

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 ( PBJ) while those bearish on the food & beverage industry could consider PowerShares DB Agriculture Sht ETN ( ADZ).

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

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