S&P Capital IQ Picks ConAgra Focus Stock of the Week
PR Newswire
NEW YORK

NEW YORK, March 18, 2013 /PRNewswire/ -- ConAgra Foods (NYSE: CAG: $35) has been picked by S&P Capital IQ as its Focus Stock of the Week.  CAG carries S&P Capital IQ's highest investment recommendation of 5-STARS, or Strong Buy.

"We have a generally favorable view of ConAgra's recent acquisition of Ralcorp Holdings, which was completed on January 29th of this year," said Tom Graves, equity analyst at S&P Capital IQ.  "We think Ralcorp's strategic move toward private label products offers a long-term potential opportunity, and we look for ConAgra to have relatively little competition between its private label portfolio and its own branded products." 

To view a video of Mr. Graves discussing CAG click on the following link.   Playback/Web Link

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SOURCE S&P Capital IQ