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Stock impact report

Conagra Recovers: What It Means For Other Struggling Staples [Seeking Alpha]

Molson Coors Beverage Company Molson Coors Brewing Company Class A (TAP.A) 
US:NYSE Investor Relations: ir.molsoncoors.com/overview/default.aspx
Company Research Source: Seeking Alpha
Summary Conagra stock dropped 50% from its 2017 high to its subsequent bottom. Shares have roared back up 75% since the lows. Why Conagra shares have recovered. What it means for other struggling staples companies. In general, it's been rough times for value investors in recent months and years. With the overall market going higher and higher, the number of stocks trading at depressed valuations has shrunk. Thus, in general, there are more and more value traps and fewer genuine value opportunities out of the subset of seemingly cheap stocks. Much of the stuff that seems "cheap" now in retail and small-cap energy, for example, is actually rather unattractive once you factor in leverage and the declining profitability outlook for those sectors. That said, there are still value stocks that can actually work out. CAG Make sure to fix this chart in your mind the next time you hear someone saying that Kraft Heinz KHC Source With the exception of oil, most of the top-performing sectors are i Show less Read more
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