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Barchart
Barchart
Sohini Mondal

Is Conagra Brands Stock Underperforming the Dow?

With a market cap of $6.3 billion, Conagra Brands, Inc. (CAG) is a leading consumer packaged goods food company that operates primarily in the United States through its Grocery & Snacks, Refrigerated & Frozen, International, and Foodservice segments. It offers a diverse portfolio of branded food products, including well-known brands such as Birds Eye, Marie Callender's, Duncan Hines, Healthy Choice, Slim Jim, Reddi-wip, and Angie's BOOMCHICKAPOP.

Companies valued less than $10 billion are generally considered “mid-cap” stocks, and Conagra Brands fits this criterion perfectly. It serves retail, foodservice, and international markets with a wide range of shelf-stable, refrigerated, frozen, and customized food products.

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