Trader Alert: Electronic Arts Inc. (EA), Conagra Brands, Inc. (CAG), Amazon.com, Inc. (AMZN)

Electronic Arts Inc. (EA) retreated with the stock falling -0.11% or $-0.1 to close at $87.85 on light trading volume of 2.74M compared its three months average trading volume of 2.89M. The Redwood City California 94065 based company operating under the Multimedia & Graphics Software industry has been trending up for the last 52 weeks, with the shares price now 50.56% up for the period and up by 11.54% so far this year. With price target of $94.38 and a 51.2% rebound from 52-week low, Electronic Arts Inc. has plenty of upside potential, making it a hold with a view buy.

Electronic Arts Inc. develops, markets, publishes, and distributes games, content, and services for consoles, personal computers, mobile phones, and tablets worldwide. It develops and publishes digital interactive entertainment games primarily under the FIFA, Madden NFL, Star Wars, Battlefield, The Sims, Need for Speed, Mass Effect, Dragon Age, Plants vs. Zombies, and Titanfall brand names. The company also offers casual games, such as cards, puzzles, and word games through its Pogo online service. Electronic Arts Inc. was founded in 1982 and is headquartered in Redwood City, California.

Conagra Brands, Inc. (CAG) dropped $-0.01 to close the day at a new closing price of $39.93, a -0.03% decrease in value from its previous closing price that moved the stock 27.35% above its 52 week low of $32.03. A total of 2.72M shares exchanged hands during the day compared with its three month average trading volume of 3.08M. The stock, which fluctuated between $39.74 and $40.29 during the day, currently situated -0.5% below its 52 week high. The stock is up by 3.65% in the past one month and up by 12.05% over the past three months. With a one year target estimate of $41.33 and RSI of 68.29, the stock still has upside potential, making it a hold for now.

Conagra Brands, Inc., together with its subsidiaries, operates as a food company in North America. It operates through five segments: Grocery & Snacks, Refrigerated & Frozen, International, Foodservice, and Commercial. The Grocery & Snacks segment primarily provides branded, shelf-stable food products in various retail channels in the United States. The Refrigerated & Frozen segment offers branded, temperature controlled food products in various retail channels in the United States. The International segment primarily provides branded food products, in various temperature states, in retail and foodservice channels outside of the United States. The Foodservice segment offers branded and customized food products, such as meals, entrees, prepared potatoes, sauces, and various custom-manufactured culinary products packaged for sale to restaurants and other foodservice establishments in the United States. The Commercial segment offers commercially branded and private label food and ingredients primarily to commercial, restaurant, foodservice, food manufacturing, and industrial customers. The company markets its products primarily under the Healthy Choice, Hunt’s, Slim Jim, Reddi-wip, Alexia, Blake’s, Frontera, Bertolli, P.F. Chang’s, and Marie Callender’s brands. The company was formerly known as ConAgra Foods, Inc. and changed its name to Conagra Brands, Inc. in November 2016. Conagra Brands, Inc. was founded in 1919 and is headquartered in Chicago, Illinois.

Amazon.com, Inc. (AMZN) shares were up in last trading by 0.17% to $844.14. It experienced lighter than average volume on day. The stock increased in value by almost 2.77% over the past week and grew 4.54% in the past month. It is currently trading 6.09% above its 50 day moving average and 10.11% above its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a -0.36% decrease in value from its one year high of $847.21. The RSI indicator value of 66.2, lead us to believe that it is a hold for now.

Amazon.com, Inc. engages in the retail sale of consumer products and subscriptions in North America and internationally. It operates through the North America, International, and Amazon Web Services (AWS) segments. The company sells merchandise and content purchased for resale from vendors, as well as those offered by third-party sellers through retail Websites, such as amazon.com, amazon.ca, amazon.com.mx, amazon.com.au, amazon.com.br, amazon.cn, amazon.fr, amazon.de, amazon.in, amazon.it, amazon.co.jp, amazon.nl, amazon.es, and amazon.co.uk. It also manufactures and sells electronic devices, including kindle e-readers, fire tablets, fire TVs, and echo; and provides Kindle Direct Publishing, an online service that allows independent authors and publishers to make their books available in the Kindle Store. In addition, the company offers programs that enable sellers to sell their products on its Websites, as well as their own branded Websites; and programs that allow authors, musicians, filmmakers, app developers, and others to publish and sell content. Further, it provides compute, storage, database, and other AWS services, as well as fulfillment, publishing, digital content subscriptions, advertising, and co-branded credit card agreements services. Additionally, the company offers Amazon Prime, an annual membership program, which provides free shipping of various items; access to unlimited streaming of movies and TV episodes; and other services. It serves consumers, sellers, developers, enterprises, and content creators. The company was founded in 1994 and is headquartered in Seattle, Washington.

 

Investor’s Watch List: Conagra Brands, Inc. (CAG), Activision Blizzard, Inc. (ATVI), Monster Beverage Corporation (MNST)

Conagra Brands, Inc. (CAG) had a light trading with around 1.83M shares changing hands compared to its three month average trading volume of 3.17M. The stock traded between $39.52 and $39.9 before closing at the price of $39.79 with 0.08% change on the day. The Omaha Nebraska 68102 based company is currently trading 26.9% above its 52 week low of $32.03 and -0.52% below its 52 week high of $40. Both the RSI indicator and target price of 68.13 and $41.33 respectively, lead us to believe that it should be put on hold over the coming weeks.

Conagra Brands, Inc., together with its subsidiaries, operates as a food company in North America. It operates through five segments: Grocery & Snacks, Refrigerated & Frozen, International, Foodservice, and Commercial. The Grocery & Snacks segment primarily provides branded, shelf-stable food products in various retail channels in the United States. The Refrigerated & Frozen segment offers branded, temperature controlled food products in various retail channels in the United States. The International segment primarily provides branded food products, in various temperature states, in retail and foodservice channels outside of the United States. The Foodservice segment offers branded and customized food products, such as meals, entrees, prepared potatoes, sauces, and various custom-manufactured culinary products packaged for sale to restaurants and other foodservice establishments in the United States. The Commercial segment offers commercially branded and private label food and ingredients primarily to commercial, restaurant, foodservice, food manufacturing, and industrial customers. The company markets its products primarily under the Healthy Choice, Hunt’s, Slim Jim, Reddi-wip, Alexia, Blake’s, Frontera, Bertolli, P.F. Chang’s, and Marie Callender’s brands. The company was formerly known as ConAgra Foods, Inc. and changed its name to Conagra Brands, Inc. in November 2016. Conagra Brands, Inc. was founded in 1919 and is headquartered in Chicago, Illinois.

Activision Blizzard, Inc. (ATVI) continued its downward trend with the stock declining -1.58% or $-0.72 to close the day at $44.98 on light trading volume of 15.3M shares, compared to its three month average trading volume of 9.08M. The Santa Monica California 90405 based company has been outperforming the multimedia & graphics software group over the past 52 weeks, with the stock gaining 54.13%, compared to the industry which has advanced 49.08% over the same period. With RSI of 69.96, the stock should still continue to rise and get closer to its one year target estimate of $48.1, making it a hold for now.

Activision Blizzard, Inc. develops and publishes online, personal computer (PC), video game console, handheld, mobile, and tablet games. The company operates through two segments, Activision Publishing, Inc. and Blizzard Entertainment, Inc. The company develops, publishes, and sells interactive software products and content through retail channels or digital downloads; and downloadable content to a range of gamers. It also publishes subscription-based massively multiplayer online role-playing games; and strategy and role-playing games. In addition, the company maintains a proprietary online gaming service, Battle.net that facilitates the creation of user generated content, digital distribution, and online social connectivity in its games. Further, it engages in creating original film and television content; and provides warehousing, logistical, and sales distribution services to third-party publishers of interactive entertainment software, as well as manufacturers of interactive entertainment hardware products. The company serves retailers and distributors, including mass-market retailers, consumer electronics stores, discount warehouses, game specialty stores, and consumers through third-party distribution, licensing arrangements, and direct digital purchases in the United States, Canada, Canada, the United Kingdom, France, Germany, Ireland, Italy, Sweden, Spain, the Netherlands, Australia, South Korea, China, and internationally. Activision Blizzard, Inc. is headquartered in Santa Monica, California.

Monster Beverage Corporation (MNST) shares were down in last trading by -0.09% to $43.38. It experienced lighter than average volume on day. The stock increased in value by almost 0.7% over the past week and fell -2.54% in the past month. It is currently trading -1.36% below its 50 day moving average and -10.54% below its 200 day moving average. Following the recent decrease in price, the stock’s new closing price represents a -21.84% decrease in value from its one year high of $55.5. The RSI indicator value of 50.4, lead us to believe that it is a hold for now.

Monster Beverage Corporation, through its subsidiaries, develops, markets, sells, and distributes energy drink beverages and its concentrates in the United States and internationally. It operates through three segments: Finished Products, Concentrate, and Other. The company provides carbonated energy, and non-carbonated dairy based coffee and energy drinks to full service beverage distributors, retail grocery and specialty chains, wholesalers, club stores, drug chains, mass merchandisers, convenience chains, health food distributors, food service customers, and the military; and concentrates and/or beverage bases to authorized bottling and canning operations. Monster Beverage Corporation sells its products under the Monster Energy, Nalu, Monster Rehab, NOS, Monster Energy Extra Strength Nitrous Technology, Full Throttle, Java Monster, Burn, Muscle Monster, Mother, Mega Monster Energy, Ultra, Punch Monster, Play and Power Play, Juice Monster, Gladiator, M3, Relentless, Übermonster, Samurai, BU, and BPM brands. The company was formerly known as Hansen Natural Corporation and changed its name to Monster Beverage Corporation in January 2012. Monster Beverage Corporation was founded in 1985 and is headquartered in Corona, California.

 

3 Stocks in Focus: Conagra Brands, Inc. (CAG), Analog Devices, Inc. (ADI), Alexion Pharmaceuticals, Inc. (ALXN)

Conagra Brands, Inc. (CAG) climbed 0.28% during last trading as the stock added $0.11 to finish the day at $39.84 with about 1.68M shares changing hands, compared to its three month average trading volume of 3.44M. The $17.29B market cap company, which fluctuated between $39.27 and $39.99 during the day, currently situated 32.4% above its 52 week low of $32.03 and -0.4% away from its one year high of $40. The RSI of 66.79 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Conagra Brands, Inc., together with its subsidiaries, operates as a food company in North America. It operates through five segments: Grocery & Snacks, Refrigerated & Frozen, International, Foodservice, and Commercial. The Grocery & Snacks segment primarily provides branded, shelf-stable food products in various retail channels in the United States. The Refrigerated & Frozen segment offers branded, temperature controlled food products in various retail channels in the United States. The International segment primarily provides branded food products, in various temperature states, in retail and foodservice channels outside of the United States. The Foodservice segment offers branded and customized food products, such as meals, entrees, prepared potatoes, sauces, and various custom-manufactured culinary products packaged for sale to restaurants and other foodservice establishments in the United States. The Commercial segment offers commercially branded and private label food and ingredients primarily to commercial, restaurant, foodservice, food manufacturing, and industrial customers. The company markets its products primarily under the Healthy Choice, Hunt’s, Slim Jim, Reddi-wip, Alexia, Blake’s, Frontera, Bertolli, P.F. Chang’s, and Marie Callender’s brands. The company was formerly known as ConAgra Foods, Inc. and changed its name to Conagra Brands, Inc. in November 2016. Conagra Brands, Inc. was founded in 1919 and is headquartered in Chicago, Illinois.

Analog Devices, Inc. (ADI) gained $0.02 to close the day at a new closing price of $76.53, a 0.03% increase in value from its previous closing price that moved the stock 63.34% above its 52 week low of $49.79. A total of 1.67M shares exchanged hands during the day compared with its three month average trading volume of 2.63M. The stock, which fluctuated between $75.54 and $76.78 during the day, currently situated -1.59% below its 52 week high. The stock is up by 5.38% in the past one month and up by 18.46% over the past three months. With a one year target estimate of $79.58 and RSI of 60.02, the stock still has upside potential, making it a hold for now.

Analog Devices, Inc. designs, manufactures, and markets a portfolio of solutions that leverage analog, mixed-signal, and digital signal processing technology, including integrated circuits (ICs), algorithms, software, and subsystems. It offers data converter products, which translate real-world analog signals into digital data, as well as translates digital data into analog signals; high-performance amplifiers to condition analog signals; and radio frequency ICs to support cellular infrastructure. The company also provides MEMS technology solutions, including accelerometers used to sense acceleration, gyroscopes to sense rotation, and inertial measurement units to sense multiple degrees of freedom. In addition, it offers isolators for various applications, such as universal serial bus isolation in patient monitors; and smart metering and satellite applications. Further, the company provides power management and reference products; and digital signal processing products for high-speed numeric calculations. Its products are used in electronic equipment, including industrial process control systems, medical imaging equipment, factory automation systems, patient monitoring devices, instrumentation and measurement systems, wireless infrastructure equipment, energy management systems, networking equipment, aerospace and defense electronics, optical systems, automobiles, and portable electronic devices. The company serves clients in industrial, automotive, consumer, and communications markets through a direct sales force, third-party distributors, and independent sales representatives in the United States, rest of North/South America, Europe, Japan, China, and rest of Asia, as well as through its Website. It has a collaboration with TriLumina Corp. to provide illuminator modules for automotive flash LiDAR systems. Analog Devices, Inc. was founded in 1965 and is headquartered in Norwood, Massachusetts.

Alexion Pharmaceuticals, Inc. (ALXN) had a light trading with around 1.67M shares changing hands compared to its three month average trading volume of 2.87M. The stock traded between $125.85 and $127.98 before closing at the price of $126.51 with -0.45% change on the day. The New Haven Connecticut 06510 based company is currently trading 15.94% above its 52 week low of $109.12 and -21.91% below its 52 week high of $162. Both the RSI indicator and target price of 46.21 and $167.93 respectively, lead us to believe that it should be put on hold over the coming weeks.

Alexion Pharmaceuticals, Inc., a biopharmaceutical company, develops and commercializes life-transforming therapeutic products. The company offers Soliris (eculizumab), a monoclonal antibody for the treatment of paroxysmal nocturnal hemoglobinuria (PNH), a genetic blood disorder; and atypical hemolytic uremic syndrome (aHUS), a genetic disease. It provides Strensiq (asfotase alfa), a targeted enzyme replacement therapy for patients with hypophosphatasia (HPP); and Kanuma (sebelipase alfa) for the treatment of patients with lysosomal acid lipase deficiency. The company also conducts Phase IV clinical trials on Soliris for the treatment of PNH registry; Phase III clinical trials for the treatment of myasthenia gravis, neuromyelitis optica spectrum disorder, and delayed kidney transplant graft function; and Phase II clinical trials for antibody mediated rejection in presensitized renal transplant patients. It develops cPMP (ALXN 1101) that is in Phase II/III trial for treating metabolic disorders; and ALXN 1007, a novel humanized antibody in Phase II clinical trial for the treatment of anti-phospholipid syndrome and graft versus host disease. The company serves distributors, pharmacies, hospitals, hospital buying groups, and other health care providers, as well as governments and government agencies in the United States, Europe, the Asia Pacific, and internationally. Alexion Pharmaceuticals, Inc. has agreements with X-Chem Pharmaceuticals (X-Chem) to identify novel drug candidates from X-Chem’s proprietary drug discovery engine; Moderna Therapeutics, Inc. (Moderna) that provides the option to purchase drug products for clinical development commercialization of Moderna’s messenger RNA therapeutics to treat rare diseases; and Ensemble Therapeutics Corporation for the identification, development, and commercialization of therapeutic candidates based on specific drug targets. The company was founded in 1992 and is headquartered in New Haven, Connecticut.

 

Stocks Roundup: SunTrust Banks, Inc. (STI), Conagra Brands, Inc. (CAG), PPL Corporation (PPL)

SunTrust Banks, Inc. (STI) retreated with the stock falling -0.82% or $-0.47 to close at $56.93 on light trading volume of 2.63M compared its three months average trading volume of 4.04M. The Atlanta Georgia 30308 based company operating under the Money Center Banks industry has been trending up for the last 52 weeks, with the shares price now 75.78% up for the period and up by 3.79% so far this year. With price target of $59.72 and a 87.61% rebound from 52-week low, SunTrust Banks, Inc. has plenty of upside potential, making it a hold with a view buy.

SunTrust Banks, Inc. operates as the holding company for SunTrust Bank that provides various financial services for consumers, businesses, corporations, and institutions in the United States. It operates through three segments: Consumer Banking and Private Wealth Management, Wholesale Banking, and Mortgage Banking. The Consumer Banking and Private Wealth Management segment offers deposits, home equity lines and loans, credit lines, indirect auto loans, student loans, bank cards, and other lending products, as well as various services. This segment also provides wealth management products and professional services, including brokerage, professional investment management, and trust services; and family office solutions. The Wholesale Banking segment offers corporate and investment banking solutions, such as advisory, capital raising, and financial risk management, as well as lease financing solutions; cash management services, auto dealer financing, and corporate insurance premium financing solutions; and construction, mini-perm, and permanent real estate financing, as well as tailored financing and equity investment solutions. This segment also provides treasury and payment solutions, including operating various electronic and paper payment types, such as card, wire transfer, automated clearing house, check, and cash; and offers clients to manage their accounts online. The Mortgage Banking segment provides residential mortgage products in the secondary market. The company offers its products and services through a network of traditional and in-store branches, automated teller machines, Internet, mobile, and telephone banking channels. As of December 31, 2015, it operated 1,401 full-service banking offices located in Florida, Georgia, Maryland, North Carolina, South Carolina, Tennessee, Virginia, and the District of Columbia. The company was founded in 1891 and is headquartered in Atlanta, Georgia.

Conagra Brands, Inc. (CAG) had a light trading with around 2.61M shares changing hands compared to its three month average trading volume of 3.48M. The stock traded between $39.26 and $39.61 before closing at the price of $39.52 with -0.05% change on the day. The Omaha Nebraska 68102 based company is currently trading 35.66% above its 52 week low of $30.74 and -0.62% below its 52 week high of $39.97. Both the RSI indicator and target price of  and $41.33 respectively, lead us to believe that it could rise over the coming weeks.

Conagra Brands, Inc., together with its subsidiaries, operates as a food company in North America. It operates through five segments: Grocery & Snacks, Refrigerated & Frozen, International, Foodservice, and Commercial. The Grocery & Snacks segment primarily provides branded, shelf-stable food products in various retail channels in the United States. The Refrigerated & Frozen segment offers branded, temperature controlled food products in various retail channels in the United States. The International segment primarily provides branded food products, in various temperature states, in retail and foodservice channels outside of the United States. The Foodservice segment offers branded and customized food products, such as meals, entrees, prepared potatoes, sauces, and various custom-manufactured culinary products packaged for sale to restaurants and other foodservice establishments in the United States. The Commercial segment offers commercially branded and private label food and ingredients primarily to commercial, restaurant, foodservice, food manufacturing, and industrial customers. The company markets its products primarily under the Healthy Choice, Hunt’s, Slim Jim, Reddi-wip, Alexia, Blake’s, Frontera, Bertolli, P.F. Chang’s, and Marie Callender’s brands. The company was formerly known as ConAgra Foods, Inc. and changed its name to Conagra Brands, Inc. in November 2016. Conagra Brands, Inc. was founded in 1919 and is headquartered in Chicago, Illinois.

PPL Corporation (PPL) saw its value increase by 0.71% as the stock gained $0.25 to finish the day at a closing price of $35.65. The stock was lighter in trading and has fluctuated between $32.08-$39.92 per share for the past year. The shares, which traded within a range of $35.3 to $35.68 during the day, are up by 4.38% in the past three months and up by 0.57% over the past six months. It is currently trading 2.94% above its 20 day moving average and 4.38% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $36.9 a share over the next twelve months. The current relative strength index (RSI) reading is 69.23.The technical indicator lead us to believe there will be no major movement any time soon, hold.

PPL Corporation, a utility company, delivers electricity and natural gas in the United States and the United Kingdom. It serves 322,000 natural gas and 403,000 electric customers in Louisville and adjacent areas in Kentucky; 543,000 customers in central, southeastern, and western Kentucky; and approximately 28,000 customers in 5 counties in southwestern Virginia, and fewer than 10 customers in Tennessee. The company also provides electric delivery services to approximately 1.4 million customers in Pennsylvania; and operates 4 electricity distribution networks in the United Kingdom, as well as delivers natural gas to customers in Kentucky; generates electricity from power plants in Kentucky; and sells wholesale electricity to 11 municipalities in Kentucky. In addition, it provides finance for the operations of PPL and subsidiaries. PPL Corporation was founded in 1920 and is headquartered in Allentown, Pennsylvania.

 

Momentum Stocks in Focus: Conagra Brands, Inc. (CAG), Charter Communications, Inc. (CHTR), Electronic Arts Inc. (EA)

Conagra Brands, Inc. (CAG) failed to extend gains with the stock declining -0.36% or $-0.14 to close the day at $39.23 on light trading volume of 2.44M shares, compared to its three month average trading volume of 3.49M. The Omaha Nebraska 68102 based company has been outperforming the processed & packaged goods group over the past 52 weeks, with the stock gaining 30.74%, compared to the industry which has advanced 14.75% over the same period. With RSI of 59.86, the stock should still continue to rise and get closer to its one year target estimate of $41.33, making it a hold for now.

Conagra Brands, Inc., together with its subsidiaries, operates as a food company in North America. It operates through five segments: Grocery & Snacks, Refrigerated & Frozen, International, Foodservice, and Commercial. The Grocery & Snacks segment primarily provides branded, shelf-stable food products in various retail channels in the United States. The Refrigerated & Frozen segment offers branded, temperature controlled food products in various retail channels in the United States. The International segment primarily provides branded food products, in various temperature states, in retail and foodservice channels outside of the United States. The Foodservice segment offers branded and customized food products, such as meals, entrees, prepared potatoes, sauces, and various custom-manufactured culinary products packaged for sale to restaurants and other foodservice establishments in the United States. The Commercial segment offers commercially branded and private label food and ingredients primarily to commercial, restaurant, foodservice, food manufacturing, and industrial customers. The company markets its products primarily under the Healthy Choice, Hunt’s, Slim Jim, Reddi-wip, Alexia, Blake’s, Frontera, Bertolli, P.F. Chang’s, and Marie Callender’s brands. The company was formerly known as ConAgra Foods, Inc. and changed its name to Conagra Brands, Inc. in November 2016. Conagra Brands, Inc. was founded in 1919 and is headquartered in Chicago, Illinois.

Charter Communications, Inc. (CHTR) retreated with the stock falling -1.86% or $-6.11 to close at $322.6 on active trading volume of 2.39M compared its three months average trading volume of 1.88M. The Stamford Connecticut 06901 based company operating under the CATV Systems industry has been trending up for the last 52 weeks, with the shares price now 91.41% up for the period and up by 12.05% so far this year. With price target of $0 and a 106.62% rebound from 52-week low, Charter Communications, Inc. has plenty of upside potential, making it a hold with a view buy.

Charter Communications, Inc., through its subsidiaries, provides cable services in the United States. The company offers various entertainment, information, and communications solutions to residential and commercial customers. Its video service offerings include a package of basic video programming, video on demand, subscription on demand, pay-per-view, high definition television, digital video recorder, Spectrum TV app on mobile devices, Spectrum TV app on immobile devices, and Spectrum guide services. The company also provides Internet services, such as residential Internet services; Charter.net, an Internet portal that provides multiple e-mail addresses; and Charter Security Suite that protects computers from viruses and spyware, as well as offers parental control features. In addition, it offers voice communications services using voice over Internet protocol technology; and broadband communications solutions, such as Internet access, data networking, fiber connectivity, video entertainment, and business telephone services to cellular towers and office buildings for business and carrier organizations. Further, the company sells local advertising on digital advertising networks and satellite-delivered networks. As of December 31, 2015, it served approximately 6.7 million residential, and small and medium business customers; approximately 4.3 million residential video customers; approximately 5.2 million residential Internet customers; approximately 2.6 million residential voice service customers; and approximately 671,000 small and medium business primary service units (PSUs) and 30,000 enterprise PSUs. Charter Communications, Inc. was founded in 1999 and is headquartered in Stamford, Connecticut.

Electronic Arts Inc. (EA) managed to rebound with the stock climbing 0.3% or $0.24 to close the day at $81.52 on lower than average trading volume of 2.34M shares, compared to its three month average trading volume of 2.95M. The Redwood City California 94065 based company has been underperforming the multimedia & graphics software companies by 1.2666% for last three months and its recent gains have pushed the stock slightly up 3.5% YTD, versus the multimedia & graphics software industry which is up 7.69% for the same period. The RSI of 55.23 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Electronic Arts Inc. develops, markets, publishes, and distributes games, content, and services for consoles, personal computers, mobile phones, and tablets worldwide. It develops and publishes digital interactive entertainment games primarily under the FIFA, Madden NFL, Star Wars, Battlefield, The Sims, Need for Speed, Mass Effect, Dragon Age, Plants vs. Zombies, and Titanfall brand names. The company also offers casual games, such as cards, puzzles, and word games through its Pogo online service. Electronic Arts Inc. was founded in 1982 and is headquartered in Redwood City, California.

 

Stocks Trending Alert: Conagra Brands, Inc. (CAG), Capital One Financial Corporation (COF), ServiceNow, Inc. (NOW)

Conagra Brands, Inc. (CAG) saw its value increase by 0.77% as the stock gained $0.3 to finish the day at a closing price of $39.24. The stock was lighter in trading and has fluctuated between $29.76-$39.97 per share for the past year. The shares, which traded within a range of $39 to $39.44 during the day, are up by 6.5% in the past three months and up by 8.54% over the past six months. It is currently trading 1.44% above its 20 day moving average and 2.62% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $41.33 a share over the next twelve months. The current relative strength index (RSI) reading is 62.39.The technical indicator lead us to believe there will be no major movement any time soon, hold.

Conagra Brands, Inc., together with its subsidiaries, operates as a food company in North America. It operates through five segments: Grocery & Snacks, Refrigerated & Frozen, International, Foodservice, and Commercial. The Grocery & Snacks segment primarily provides branded, shelf-stable food products in various retail channels in the United States. The Refrigerated & Frozen segment offers branded, temperature controlled food products in various retail channels in the United States. The International segment primarily provides branded food products, in various temperature states, in retail and foodservice channels outside of the United States. The Foodservice segment offers branded and customized food products, such as meals, entrees, prepared potatoes, sauces, and various custom-manufactured culinary products packaged for sale to restaurants and other foodservice establishments in the United States. The Commercial segment offers commercially branded and private label food and ingredients primarily to commercial, restaurant, foodservice, food manufacturing, and industrial customers. The company markets its products primarily under the Healthy Choice, Hunt’s, Slim Jim, Reddi-wip, Alexia, Blake’s, Frontera, Bertolli, P.F. Chang’s, and Marie Callender’s brands. The company was formerly known as ConAgra Foods, Inc. and changed its name to Conagra Brands, Inc. in November 2016. Conagra Brands, Inc. was founded in 1919 and is headquartered in Chicago, Illinois.

Capital One Financial Corporation (COF) shares were down in last trading by -1.34% to $86.34. It experienced lighter than average volume on day. The stock decreased in value by almost -3.76% over the past week and fell -2.85% in the past month. It is currently trading -1.61% below its 50 day moving average and 16.21% above its 200 day moving average. Following the recent decrease in price, the stock’s new closing price represents a -5.78% decrease in value from its one year high of $91.64. The RSI indicator value of 43.88, lead us to believe that it is a hold for now.

Capital One Financial Corporation operates as the bank holding company for the Capital One Bank (USA), National Association (COBNA); and Capital One, National Association (CONA), which provide various financial products and services in the United States, the United Kingdom, and Canada. It operates through three segments: Credit Card, Consumer Banking, and Commercial Banking. The company offers various non-interest bearing and interest-bearing deposits, such as demand deposits, money market deposits, time deposits, negotiable order of withdrawal accounts, and savings accounts. It also provides credit card loans and installment loans; auto, home, and retail banking loans; and commercial and multifamily real estate, commercial and industrial, and small-ticket commercial real estate loans. In addition, the company offers credit and debit card products; online direct banking services; and treasury management and depository services. It serves consumers, small businesses, and commercial clients through the Internet and other distribution channels, as well as through branches located in New York, Louisiana, Texas, Maryland, Virginia, New Jersey, and the District of Columbia. The company was founded in 1993 and is headquartered in McLean, Virginia. Capital One Financial Corporation (NYSE:COF) operates independently of Signet Banking Corp. as of February 28, 1995.

ServiceNow, Inc. (NOW) traded within a range of $88.23 to $89.84 after opening the day at $89.25. The company has seen its stock increase in value by 19.53% so far this year. The stock was down close to -0.94% on active volume in last trading session and closed at $88.86 per share. After the recent fall, the stock is currently holding -4.43% below its 52 week high of $92.98 and 93.17% above its 12-month low of $45.99. The shares are up by over 2.27% in the last three months, and the RSI indicator value of 68.14 is neither bullish nor bearish, tempting investors to stay on the sidelines.

ServiceNow, Inc. provides enterprise cloud-based solutions that define, structure, manage, and automate services in North America, Europe, the Middle East, Africa, the Asia Pacific, and internationally. It offers service management solutions, including incident management, problem management, change management, and request management, as well as service catalog and knowledge base; and information technology (IT), HR, customer service, security operations, facilities, and field service management solutions. The company also provides business management solutions, such as financial management solutions; project portfolio suite that provides capabilities to plan, organize, and manage projects; governance, risk, and compliance solution that provides clarity into compliance and audit initiatives; and performance analytics solutions, as well as offers ServiceNow platform that integrates various business applications. In addition, it offers IT operations management solutions that include ServiceWatch Mapping, a service mapping and discovery solution; ServiceWatch Insight that adds event management to the ServiceWatch Mapping bundle, as well as offers insight on the issues affecting service availability and performance; and ServiceWatch Suite that adds orchestration and cloud management to the ServiceNow ITOM products. Further, the company offers professional, education, and customer support services. It serves enterprises in various industries, including financial services, consumer products, IT services, health care, and technology. The company sells products through its direct sales team, as well as indirectly through third-party channels by partnering with systems integrators, managed services providers, and resale partners. The company was formerly known as Service-now.com and changed its name to ServiceNow, Inc. in May 2012. ServiceNow, Inc. was founded in 2004 and is headquartered in Santa Clara, California.

 

Stocks in the Spotlight: Welltower Inc. (HCN), Conagra Brands, Inc. (CAG), Akamai Technologies, Inc. (AKAM)

Welltower Inc. (HCN) had a active trading with around 2.56M shares changing hands compared to its three month average trading volume of 2.37M. The stock traded between $66.16 and $67.02 before closing at the price of $66.3 with -0.06% change on the day. The Toledo Ohio 43615 based company is currently trading 30.17% above its 52 week low of $52.8 and -15.42% below its 52 week high of $80.19. Both the RSI indicator and target price of 51.01 and $69.39 respectively, lead us to believe that it should be put on hold over the coming weeks.

Welltower Inc. is an independent equity real estate investment trust. The firm engages in acquiring, planning, developing, managing, repositioning and monetizing of real estate assets. It primarily invests in the real estate markets of the United States. The firm primarily invests in senior living and health care properties. It invests across the full spectrum of health care real estate, including senior living communities, medical office buildings, inpatient and outpatient medical centers and life science facilities. The firm conducts in-house research to make its investments. It was formerly known as Health Care REIT, Inc. Welltower Inc. was founded in 1970 and is based in Toledo, Ohio with additional offices in Brentwood, Tennessee and Dallas, Texas.

Conagra Brands, Inc. (CAG) continued its upward trend with the stock climbing 0.18% or $0.07 to close the day at $39.09 on light trading volume of 2.66M shares, compared to its three month average trading volume of 3.53M. The Omaha Nebraska 68102 based company has been outperforming the processed & packaged goods group over the past 52 weeks, with the stock gaining 22.23%, compared to the industry which has advanced 10.95% over the same period. With RSI of 61.27, the stock should still continue to rise and get closer to its one year target estimate of $41.33, making it a hold for now.

Conagra Brands, Inc., together with its subsidiaries, operates as a food company in North America. It operates through five segments: Grocery & Snacks, Refrigerated & Frozen, International, Foodservice, and Commercial. The Grocery & Snacks segment primarily provides branded, shelf-stable food products in various retail channels in the United States. The Refrigerated & Frozen segment offers branded, temperature controlled food products in various retail channels in the United States. The International segment primarily provides branded food products, in various temperature states, in retail and foodservice channels outside of the United States. The Foodservice segment offers branded and customized food products, such as meals, entrees, prepared potatoes, sauces, and various custom-manufactured culinary products packaged for sale to restaurants and other foodservice establishments in the United States. The Commercial segment offers commercially branded and private label food and ingredients primarily to commercial, restaurant, foodservice, food manufacturing, and industrial customers. The company markets its products primarily under the Healthy Choice, Hunt’s, Slim Jim, Reddi-wip, Alexia, Blake’s, Frontera, Bertolli, P.F. Chang’s, and Marie Callender’s brands. The company was formerly known as ConAgra Foods, Inc. and changed its name to Conagra Brands, Inc. in November 2016. Conagra Brands, Inc. was founded in 1919 and is headquartered in Chicago, Illinois.

Akamai Technologies, Inc. (AKAM) shares were up in last trading by 1.15% to $68.59. It experienced lighter than average volume on day. The stock increased in value by almost 1.25% over the past week and grew 2.31% in the past month. It is currently trading 1.74% above its 50 day moving average and 18.39% above its 200 day moving average. Following the recent increase in price, the stock’s new closing price represents a -4.26% decrease in value from its one year high of $71.64. The RSI indicator value of 51.43, lead us to believe that it is a hold for now.

Akamai Technologies, Inc. provides cloud services for delivering, optimizing, and securing content and business applications over the Internet in the United States and internationally. The company offers performance and security solutions designed to help Websites and business applications operate while offering protection against security threats. It also provides media content delivery solutions that are designed to deliver movies, television shows, live events, games, social media, software downloads, and other content on the Internet in fixed line and mobile networks; adaptive delivery solutions for streaming video content; and download delivery solution that offers accelerated distribution for large file downloads, including games, progressive media files, documents, and other file-based content. In addition, the company offers a suite of analytics tools to monitor online video viewer experiences and the effectiveness of Web software downloads, while measuring audience engagement, and quality of service performance; and NetStorage, a cloud storage solution, as well as media services to deliver live and on-demand content to various devices and platforms. Further, it provides cloud security solutions, which help customers avoid data theft and downtime, and protect Internet-facing infrastructure; and cloud networking solutions to help customers enhance enterprise branch office and retail store productivity and revenue by accelerating applications, reducing bandwidth costs, and extending the Internet and public clouds into private wide area networks. Additionally, the company offers network operator solutions that are designed to help carriers to operate a network that capitalizes on traffic growth and new subscriber services; and professional services and solutions. It sells its solutions through direct sales and service organization; and through active channel partners. The company was founded in 1998 and is headquartered in Cambridge, Massachusetts.

 

Stocks Trend Analysis: Monsanto Company (MON), Conagra Brands, Inc. (CAG), Praxair, Inc. (PX)

Monsanto Company (MON) continued its downward trend with the stock declining -0.36% or $-0.4 to close the day at $109.4 on light trading volume of 1.75M shares, compared to its three month average trading volume of 2.03M. The St. Louis Missouri 63167 based company has been outperforming the agricultural chemicals group over the past 52 weeks, with the stock gaining 27.39%, compared to the industry which has advanced 33.69% over the same period. With RSI of 65.97, the stock should still continue to rise and get closer to its one year target estimate of $119.81, making it a hold for now.

Monsanto Company, together with its subsidiaries, provides agricultural products for farmers worldwide. It operates in two segments, Seeds and Genomics, and Agricultural Productivity. The Seeds and Genomics segment produces row crop seeds, including corn, soybean, cotton, and canola seeds under the DEKALB, Channel, Asgrow, and Deltapine brands; and vegetable seeds, such as tomato, pepper, melon, cucumber, squash, beans, broccoli, onions, lettuce, and others under the Seminis and De Ruiter brands. It also develops biotechnology traits that assist farmers in controlling insects and weeds in corn, soybean, cotton, and canola crops under the SmartStax, YieldGard, YieldGard VT Triple, VT Triple PRO, and VT Double PRO brands; Intacta RR2 PRO brand; Bollgard and Bollgard II brands; Roundup Ready, Roundup Ready 2 Yield, and Genuity brands; and Roundup Ready 2 Xtend and Bollgard II XtendFlex brands. This segment also licenses a range of germplasm and trait technologies to large and small seed companies. The Agricultural Productivity segment manufactures and sells herbicides for agricultural, industrial, ornamental, turf, and residential lawn and garden applications for weed control, as well as for control of preemergent annual grass and small seeded broadleaf weeds in corn and other crops under the Roundup and Harness brands. The company markets its products through distributors, independent retailers and dealers, agricultural cooperatives, plant raisers, and agents, as well as directly to farmers. Monsanto Company has a collaborative agreement with Novozymes to discover, develop, and produce microbial solutions. The company was formerly known as Monsanto Ag Company and changed its name to Monsanto Company in March 2000. Monsanto Company was founded in 2000 and is headquartered in St. Louis, Missouri.

Conagra Brands, Inc. (CAG) grew with the stock adding 0.1% or $0.04 to close at $38.99 on light trading volume of 1.75M compared its three months average trading volume of 3.55M. The Omaha Nebraska 68102 based company operating under the Processed & Packaged Goods industry has been trending up for the last 52 weeks, with the shares price now 27.6% up for the period and down by -0.91% so far this year. With price target of $41.33 and a 33.84% rebound from 52-week low, Conagra Brands, Inc. has plenty of upside potential, making it a hold with a view buy.

Conagra Brands, Inc., together with its subsidiaries, operates as a food company in North America. It operates through five segments: Grocery & Snacks, Refrigerated & Frozen, International, Foodservice, and Commercial. The Grocery & Snacks segment primarily provides branded, shelf-stable food products in various retail channels in the United States. The Refrigerated & Frozen segment offers branded, temperature controlled food products in various retail channels in the United States. The International segment primarily provides branded food products, in various temperature states, in retail and foodservice channels outside of the United States. The Foodservice segment offers branded and customized food products, such as meals, entrees, prepared potatoes, sauces, and various custom-manufactured culinary products packaged for sale to restaurants and other foodservice establishments in the United States. The Commercial segment offers commercially branded and private label food and ingredients primarily to commercial, restaurant, foodservice, food manufacturing, and industrial customers. The company markets its products primarily under the Healthy Choice, Hunt’s, Slim Jim, Reddi-wip, Alexia, Blake’s, Frontera, Bertolli, P.F. Chang’s, and Marie Callender’s brands. The company was formerly known as ConAgra Foods, Inc. and changed its name to Conagra Brands, Inc. in November 2016. Conagra Brands, Inc. was founded in 1919 and is headquartered in Chicago, Illinois.

Praxair, Inc. (PX) managed to rebound with the stock climbing 0.59% or $0.7 to close the day at $120.2 on higher than average trading volume of 1.74M shares, compared to its three month average trading volume of 1.46M. The Danbury Connecticut 06810 based company has been outperforming the chemicals – major diversified companies by 1.8716% for last three months and its recent gains have pushed the stock slightly up 2.57% YTD, versus the chemicals – major diversified industry which is up 5.11% for the same period. The RSI of 62.07 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Praxair, Inc. produces, sells, and distributes atmospheric, process, and specialty gases, as well as surface coatings in North America, Europe, South America, and Asia. The company offers atmospheric gases, such as oxygen, nitrogen, argon, and rare gases; and process gases comprising carbon dioxide, helium, hydrogen, electronic gases, specialty gases, and acetylene. It also designs, engineers, and builds equipment that produces industrial gases; and manufactures precious metal and ceramic sputtering targets used primarily in the production of semiconductors. In addition, the company supplies wear-resistant and high-temperature corrosion-resistant metallic and ceramic coatings and powders to the aircraft, energy, printing, primary metals, petrochemical, textile, and other industries. Further, it provides electric arc, plasma and wire spray, and high-velocity oxy-fuel equipment; and distributes hardgoods and welding equipment purchased from independent manufacturers. The company sells its products primarily through independent distributors. It serves various industries, such as healthcare, petroleum refining, manufacturing, beverage carbonation, fiber-optics, steel making, aerospace, chemicals, and water treatment. Praxair, Inc. was founded in 1907 and is headquartered in Danbury, Connecticut.

 

Stocks Roundup: Colgate-Palmolive Company (CL), Allergan plc (AGN), Conagra Brands, Inc. (CAG)

Colgate-Palmolive Company (CL) grew with the stock adding 0.25% or $0.17 to close at $68.43 on light trading volume of 3.03M compared its three months average trading volume of 3.5M. The New York New York 10022 based company operating under the Personal Products industry has been trending up for the last 52 weeks, with the shares price now 8.73% up for the period and up by 5.17% so far this year. With price target of $72.73 and a 9.7% rebound from 52-week low, Colgate-Palmolive Company has plenty of upside potential, making it a hold with a view buy.

Colgate-Palmolive Company, together with its subsidiaries, manufactures and sells consumer products worldwide. It operates through two segments: Oral, Personal and Home Care; and Pet Nutrition. The company offers oral care products, including toothpastes, toothbrushes, and mouthwashes, as well as pharmaceutical products for dentists and other oral health professionals; personal care products comprising bar and liquid hand soaps, shower gels, shampoos, conditioners, and deodorants and antiperspirants; and home care products, such as laundry and dishwashing detergents, fabric conditioners, household cleaners, bleaches, and other similar items. It also provides pet nutrition products for everyday nutritional needs, a range of therapeutic products to manage disease conditions, and various products with natural ingredients. The company’s principal global and regional trademarks include Colgate, Palmolive, Speed Stick, Lady Speed Stick, Softsoap, Irish Spring, Protex, Sorriso, Kolynos, elmex, Tom’s of Maine, Sanex, Ajax, Axion, Fabuloso, Soupline, and Suavitel, as well as Hill’s Science Diet, Hill’s Prescription Diet, and Hill’s Ideal Balance. It markets and sells its pet nutrition products for dogs and cats through pet supply retailers and veterinarians. Colgate-Palmolive Company was founded in 1806 and is headquartered in New York, New York.

Allergan plc (AGN) had a light trading with around 3.02M shares changing hands compared to its three month average trading volume of 5.14M. The stock traded between $211.1 and $215.37 before closing at the price of $213.57 with 0.22% change on the day. The Dublin Dublin D17 E400 based company is currently trading 15.76% above its 52 week low of $184.5 and -29.12% below its 52 week high of $301.32. Both the RSI indicator and target price of  and $260.79 respectively, lead us to believe that it could rise over the coming weeks.

Allergan plc, a specialty pharmaceutical company, develops, manufactures, markets, and distributes medical aesthetics, biosimilar, and over-the-counter pharmaceutical products worldwide. It operates through US Brands, US Medical Aesthetics, International Brands, and Anda Distribution segments. The company offers a portfolio of products that provide treatments for the central nervous system, gastroenterology, women’s health and urology, ophthalmology, neurosciences, medical aesthetics, liver disease, inflammation, fibrosis, and HIV, as well as dermatology and plastic surgery, and Alzheimer’s disease. It is also involved in developing ocular implants that reduce intraocular pressure associated with glaucoma; medical devices for the correction of prominent ears; and intranasal neurostimulation devices, as well as other dry eye products. In addition, it distributes generic and branded pharmaceutical products primarily to independent pharmacies, pharmacy chains, pharmacy buying groups, and physicians’ offices. Allergan plc has a collaboration with T2 Biosystems to develop blood-based diagnostic panel for the detection of Gram-negative bacterial species. The company was formerly known as Actavis plc and changed its name to Allergan plc in June 2015. Allergan plc was founded in 1983 and is headquartered in Dublin, Ireland.

Conagra Brands, Inc. (CAG) saw its value increase by 0.03% as the stock gained $0.01 to finish the day at a closing price of $39.22. The stock was lighter in trading and has fluctuated between $29.76-$39.97 per share for the past year. The shares, which traded within a range of $39.18 to $39.64 during the day, are up by 6.23% in the past three months and up by 9.18% over the past six months. It is currently trading 0.48% above its 20 day moving average and 3.22% above its 50 day moving average. Analysts believe the company can continue to increase in value to reach at $41.33 a share over the next twelve months. The current relative strength index (RSI) reading is 58.47.The technical indicator lead us to believe there will be no major movement any time soon, hold.

Conagra Brands, Inc., together with its subsidiaries, operates as a food company in North America. It operates through five segments: Grocery & Snacks, Refrigerated & Frozen, International, Foodservice, and Commercial. The Grocery & Snacks segment primarily provides branded, shelf-stable food products in various retail channels in the United States. The Refrigerated & Frozen segment offers branded, temperature controlled food products in various retail channels in the United States. The International segment primarily provides branded food products, in various temperature states, in retail and foodservice channels outside of the United States. The Foodservice segment offers branded and customized food products, such as meals, entrees, prepared potatoes, sauces, and various custom-manufactured culinary products packaged for sale to restaurants and other foodservice establishments in the United States. The Commercial segment offers commercially branded and private label food and ingredients primarily to commercial, restaurant, foodservice, food manufacturing, and industrial customers. The company markets its products primarily under the Healthy Choice, Hunt’s, Slim Jim, Reddi-wip, Alexia, Blake’s, Frontera, Bertolli, P.F. Chang’s, and Marie Callender’s brands. The company was formerly known as ConAgra Foods, Inc. and changed its name to Conagra Brands, Inc. in November 2016. Conagra Brands, Inc. was founded in 1919 and is headquartered in Chicago, Illinois.

 

3 Notable Runners: Valley National Bancorp (VLY), ImmunoGen, Inc. (IMGN), Conagra Brands, Inc. (CAG)

Valley National Bancorp (VLY) managed to rebound with the stock climbing 1.15% or $0.13 to close the day at $11.42 on higher than average trading volume of 2.2M shares, compared to its three month average trading volume of 2.21M. The Wayne New Jersey 07470 based company has been outperforming the regional – northeast banks companies by 17.9747% for last three months and its recent gains have offset losses to -1.89% YTD, versus the regional – northeast banks industry which is down -1.25% for the same period. The RSI of 48.31 indicates the stock is neither overvalued nor undervalued at the current levels, hold for now.

Valley National Bancorp operates as the holding company for the Valley National Bank that provides commercial, retail, trust, and investment services. The company operates through Commercial Lending, Consumer Lending, and Investment Management segments. Its deposit products include non-interest bearing, savings, NOW, and money market deposits, as well as certificates of deposit. The company’s loan products comprise construction, residential mortgage, home equity, automobile, and floating rate and adjustable rate commercial and industrial loans, as well as fixed rate owner occupied and commercial real estate loans, credit card loans, personal lines of credit, personal loans, and loans secured by cash surrender value of life insurance. It also invests in securities, such as fixed rate investments, federal funds, and interest-bearing deposits with banks; and offers international banking services, such as standby letters of credit, documentary letters of credit and related products, and other ancillary services. In addition, the company provides asset management advisory, trust, and asset-based lending support services; property and casualty, life, health, and title insurance; and health care equipment and other commercial equipment leases, as well as general aviation aircraft loans and commercial equipment leases, and real estate related investments. Further, it offers other banking services comprising automated teller machine, telephone and Internet banking, remote deposit capturing, overdraft, drive-in and night deposit, and safe deposit services. As of December 31, 2015, it operated 227 branches in northern and central New Jersey; the New York City boroughs of Manhattan, Brooklyn, Queens, and Long Island; and southeast and central Florida. The company was founded in 1927 and is headquartered in Wayne, New Jersey.

ImmunoGen, Inc. (IMGN) had a active trading with around 2.19M shares changing hands compared to its three month average trading volume of 2.04M. The stock traded between $2.31 and $2.52 before closing at the price of $2.51 with 1.21% change on the day. The Waltham Massachusetts 02451 based company is currently trading 66.23% above its 52 week low of $1.51 and -75.1% below its 52 week high of $9.8. Both the RSI indicator and target price of 63.19 and $4.57 respectively, lead us to believe that it should be put on hold over the coming weeks.

ImmunoGen, Inc., a biotechnology company, develops targeted anticancer therapeutics. The company develops its products using its antibody-drug conjugate (ADC) technology. The company’s product candidates include Mirvetuximab soravtansine, an ADC targeting folate-receptor alpha for the treatment of platinum-resistant ovarian cancer; IMGN529 and coltuximab ravtansine that are in Phase II clinical trials for the treatment of non-Hodgkin lymphoma; IMGN779 that is in Phase I clinical trials for the treatment of acute myeloid leukemia (AML); and IMGN632, a preclinical CD123-targeting ADC for the treatment of AML. ImmunoGen, Inc. has collaborations with Amgen Inc.; Bayer HealthCare; Biotest AG; Eli Lilly and Company; Novartis Institutes for BioMedical Research, Inc.; Roche; Sanofi; Merck; and Takeda, as well as research agreement with CytomX Therapeutics, Inc. The company was founded in 1981 and is headquartered in Waltham, Massachusetts.

Conagra Brands, Inc. (CAG) traded within a range of $38.8 to $39.3 after opening the day at $38.88. The company has seen its stock decrease in value by -0.86% so far this year. The stock was up close to 0.82% on light volume in last trading session and closed at $39.21 per share. After the recent gain, the stock is currently holding -1.9% below its 52 week high of $39.97 and 33.91% above its 12-month low of $29.76. The shares are up by over 5.5% in the last three months, and the RSI indicator value of 57.46 is neither bullish nor bearish, tempting investors to stay on the sidelines.

Conagra Brands, Inc., together with its subsidiaries, operates as a food company in North America. It operates through five segments: Grocery & Snacks, Refrigerated & Frozen, International, Foodservice, and Commercial. The Grocery & Snacks segment primarily provides branded, shelf-stable food products in various retail channels in the United States. The Refrigerated & Frozen segment offers branded, temperature controlled food products in various retail channels in the United States. The International segment primarily provides branded food products, in various temperature states, in retail and foodservice channels outside of the United States. The Foodservice segment offers branded and customized food products, such as meals, entrees, prepared potatoes, sauces, and various custom-manufactured culinary products packaged for sale to restaurants and other foodservice establishments in the United States. The Commercial segment offers commercially branded and private label food and ingredients primarily to commercial, restaurant, foodservice, food manufacturing, and industrial customers. The company markets its products primarily under the Healthy Choice, Hunt’s, Slim Jim, Reddi-wip, Alexia, Blake’s, Frontera, Bertolli, P.F. Chang’s, and Marie Callender’s brands. The company was formerly known as ConAgra Foods, Inc. and changed its name to Conagra Brands, Inc. in November 2016. Conagra Brands, Inc. was founded in 1919 and is headquartered in Chicago, Illinois.