ConAgra Foods, Inc. (NYSE:CAG)
A North America's packaged food company serving grocery retailers, as well as restaurants and other foodservice establishments.
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Recs
Good management, coupled with smart vision
Recs
This company is getting their act together. New exec. and making some smart business decisions. I see sustainability coming out of this company.
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Their Debt is way too high, plus with the recall extension, current and future litigation expenses as well as the plant being shut down until further notice., as they continue to pay workers.
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technical trade, at bottome of normal range
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As mamage debt will strenghten
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I give this company a year to get out of the biofuels biz.
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Con-Agra suffers from the same malady that all food manufacturing companies do - they are very sensitive to fluctuations in raw materials prices. There is a huge movement underway to increase farm profits by reducing available land. This will put pricing pressures far above normal inflation on food producers.
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Good brands; new management team from a company that knows how to create coolness in brands; focus on core brands and getting ride of non-strategic businesses; new management invested their own money in the company
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Con-Agra who? You may not recognize the name at first blush, but you definitely know their brands: Pam cooking spray, Chef Boyardee, Hunt's ketchup, Banquet frozen dinners, so on and on forth. Been undergoing a majour restructering, divesting non-core assets. Look for this to really take off. (The nice dividend doesn't hurt either.)
Recs
Positive cash flow. Insider buying.
Recs
Consumer goods company coming out of a rough patch. On a slow trend upwards, but if the rest of the market gets rocky, this might rise along with other consumer goods, though this has more room to grow, imo.
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