Comments for CAG - Stockpickr! Your Source for Stock Ideas

Comments for CAG

Added By	Comments	Type	Date Added
Stockpickr Staff #2	By Trading Nymph: Long.	Love	November 27, 2009
RhinoStocks	Increased dividend to $0.20 from $0.19 for shareholders of record on October 30.	Love	September 29, 2009
barrons3	(Certainly better than ConAgra (CAG), I have to admit -- another company with management I respect greatly.)	Love	September 24, 2009
bsharkody	This is Con Agra - a big agriculture company	Love	September 19, 2009
RhinoStocks	Food scarcity was a big theme in 2008 -- this year, Conagra's accelerating EPS growth should make it more compelling.	Love	August 24, 2009
barrons3	ConAgra (CAG) is cheap and can move.	Love	May 07, 2009
sarah z	From a recent Mad Money show:"Me liking ConAgra. Like every other food stock, they're going down, but I like that yield. I'd buy on a scale on the way down."	Love	March 02, 2009
Nyolls	People need to eat no matter the economy. Conagra is one of the larger suppliers of cheaper food.	Love	February 03, 2009
marie 1952	recession resistant-hopefully	Love	February 02, 2009
RhinoStocks	Fitzpatrick recommended buying CAG “right here, right now,” with a stop around $16. He sees the stock going up 10% to 15% in the short term.	Love	January 26, 2009
monicachadwick	feel it's secure	Love	December 23, 2008
stockerblog	PE of 8, a PEG of 1.16, and it pays a dividend of 3.8%.	Love	October 09, 2008
stockerblog	10/29/2008	Love	October 06, 2008
sarah z	The Omaha-based maker of Chef Boyardee and Slim Jim announced a $900 million accelerated buyback plan. To repurchase the shares, the company will pay Merrill and BAC each $450 million to buy roughly 33 million shares. ConAgra will finance the repurchases with proceeds from the sale of its commodities trading business. The consumer brands giant recently reported solid fourth quarter earnings. Net income jumped 5% to $201 million, or 41 cents a share, from $192 million, or 39 cents a share in the same period last year. Revenue grew to $3.08 billion, an increase of 15.2%. Citigroup analysts reiterated their buy rating on ConAgra and set the price target at $32. The analysts said, "We recently met with ConAgra management and walked away feeling positive as CAG's Consumer Foods division is expected to show significant improvement in F09 (from current macro-economic trends in the U.S. which are driving consumers out of restaurants and into the grocery store)." It was also good to see that ConAgra insiders are buying shares hand over fist. CEO Gary Rodkin bought 10,275 shares, along with the executive vice president, Robert Sharpe, who bought 12,000 shares. In total, five company directors bought 33,200 shares worth over $647,000 on July 3rd. The purchases were made just days after ConAgra stock fell to a 52-week low.	Love	July 16, 2008
sarah z	The Omaha-based maker of Chef Boyardee and Slim Jim announced a $900 million accelerated buyback plan. To repurchase the shares, the company will pay Merrill and BAC each $450 million to buy roughly 33 million shares. ConAgra will finance the repurchases with proceeds from the sale of its commodities trading business. The consumer brands giant recently reported solid fourth quarter earnings. Net income jumped 5% to $201 million, or 41 cents a share, from $192 million, or 39 cents a share in the same period last year. Revenue grew to $3.08 billion, an increase of 15.2%. Citigroup analysts reiterated their buy rating on ConAgra and set the price target at $32. The analysts said, "We recently met with ConAgra management and walked away feeling positive as CAG's Consumer Foods division is expected to show significant improvement in F09 (from current macro-economic trends in the U.S. which are driving consumers out of restaurants and into the grocery store)." It was also good to see that ConAgra insiders are buying shares hand over fist. CEO Gary Rodkin bought 10,275 shares, along with the executive vice president, Robert Sharpe, who bought 12,000 shares. In total, five company directors bought 33,200 shares worth over $647,000 on July 3rd. The purchases were made just days after ConAgra stock fell to a 52-week low.	Love	July 09, 2008
barrons2	Cadbury (CBY) might be the call today. This candy maker's forecast about rising gross margins flies in the face of everyone from Hershey (HSY) to ConAgra (CAG), from Heinz (HNZ)to General Mills (GIS).	Love	May 15, 2008
gourmet	Food	Love	March 29, 2008
barrons2	ConAgra's profits have been lifted by a commodity-trading and sales division that has done well lately. Analysts worry about a lack of transparency in that business, but a similar issue hasn't hurt Bunge (BG), a hot agricultural play. Bulls say the stock could hit the high-20s by year-end.	Love	February 09, 2008
Shane0mac1234	Keeps losing money, good valuation and sould be going up in this market but its not.	Hate	January 08, 2008
mbzmbz	food	Love	January 06, 2008
userycr	stedy stock price= low return, in other words stagnate.	Hate	January 02, 2008
fvr765	why?	Hate	December 28, 2007
csbailey04	Too many recalls have been necessary for a food producer.	Hate	November 29, 2007
Chucklas	Anticipated growth & income	Love	November 28, 2007
sarah z	ConAgra is in this week's portfolio. North America's leading packaged food supplier recently added $500 million to its buyback plan. They plan to repurchase the shares periodically, depending on market conditions. In another move to return capital to shareholders, the company bumped its quarterly dividend to 19 cents a share from 18 cents a share. The new rate will start with the Dec. 3, 2007 dividend payment, which will be made to shareholders of record as of Nov. 2, 2007. The Omaha, Neb.-based company recently announced solid first quarter earnings. ConAgra reported earnings of 34 cents a share, up from 26 cents a share last year, which were well ahead of the street's estimate of 29 cents. Popular brands such as Chef Boyardee and Healthy Choice helped drive sales up 10% at $2.95 billion. The company's Trading and Merchandising segment also deserves credit, as it enjoyed a 60% jump in sales. CAG maintains full year 2008 estimates in the range of $1.48, and $1.65 for full year 2009. ConAgra's CEO, Gary Rodkin, said, "Today's board actions demonstrate continued confidence in the company's overall outlook and ability to generate strong amounts of free cash in the future. As always, we remain committed to returning capital to shareholders in a way that appropriately balances a healthy dividend, share repurchases and a strong balance sheet." With better-than-expected numbers, ValuEngine said it is upgrading ConAgra to buy from hold with a 6 month price target of $26.08. Based on CAG's attractive company size, risk, and volatility, ValuEngine believes the stock will outperform the market over the next year.	Love	October 10, 2007
jen140	cramer recommended... considered also UL or UN due to their Promise Activ products for lowering cholesterol	Love	October 04, 2007
sarah z	ConAgra Foods recently announced a $500 million dollar buyback. Last week, the leaders of ConAgra Foods Inc. reminded shareholders about last year's better-than-expected profits at the company's annual meeting Thursday and promised better things to come. The Omaha-based company also announced plans to increase its quarterly dividend from 18 cents to 19 cents per share in December and begin repurchasing $500 million of company stock. The stock trades for 8.5x cash flow.	Love	October 03, 2007
Guest	Ad Age Magazine echoed these thoughts (that food stocks will outperform the market and put investors into the black) in a recent piece, according to Cramer, who said he appreciated like-minded companies such as General Mills (GIS), PepsiCo (PEP) and ConAgra Foods (CAG).	Love	August 14, 2007
dank	a real dog	Hate	July 09, 2007
kevinpatti	Cramer Recommended	Love	June 14, 2007