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Stock impact report

Conagra And Beazer Homes Look Good Based On Book Value [Forbes]

ConAgra Brands, Inc. (CAG) 
Last conagra brands, inc. earnings: 3/31 07:28 am Check Earnings Report
US:NYSE Investor Relations: conagrabrands.com/investor-relations
Company Research Source: Forbes
Ben Graham, widely considered the father of value investing, liked stocks selling “below book.” I still do, although they are rarer today than they were in Graham's Day. Book value is a company's net worth – its assets minus its liabilities – usually expressed per share of common stock. The price-to-book ratio is a company's stock price divided by its book value. Annually, I publish a set of recommendations on companies selling at an attractive price-to-book ratio. I like 2.0 or less, and love 1.0 or less. Here are five new picks. You may not recognize the name of Conagra Brands Inc. (CAG) but you certainly know some of its brands: Banquet, Birds Eye, Chef Boyardee, Duncan Hines, Healthy Choice, Hunt's, Marie Callender's, Orville Redenbacher, Reddi-wip, Slim Jim, Vlasic and Wish-Bone. It's a tough environment these days for packaged-food companies. The cost of their raw materials is up. With the economy slowing, consumers are cutting back or looking for cheaper alternatives. Show less Read more
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