ConAgra Stock Hits New 52-Week High (CAG)

NEW YORK ( TheStreet) -- ConAgra Foods (NYSE: CAG) hit a new 52-week high Thursday as it is currently trading at $37.06, above its previous 52-week high of $37.01 with 240,027 shares traded as of 10:15 a.m. ET. Average volume has been 3.3 million shares over the past 30 days.

ConAgra has a market cap of $15.26 billion and is part of the consumer goods sector and food & beverage industry. Shares are up 24.8% year to date as of the close of trading on Wednesday.

ConAgra Foods, Inc. operates as a food company primarily in North America. The company operates through two segments, Consumer Foods and Commercial Foods.

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TheStreet Ratings rates ConAgra 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. You can view the full ConAgra Ratings Report.

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