ConAgra Foods: Undervalued Despite Missing Targets
June 25, 2010 at 15:28 PM EDT
Packaged foods maker, ConAgra Foods (CAG), produces a diverse product set from Healthy Choice packaged meals to Slim Jim beef jerky. The company reported fourth quarter and fiscal 2010 results on Thursday afternoon that on the face were not very impressive. The company reported overall sales fell about 5% and quarterly profit slumped 48% as [...]