Conagra Brands, Inc. (NYSE:CAG) is one of the Jim Cramer Warns Viewers About FOMO & Discusses These 19 Stocks.
Conagra Brands, Inc. (NYSE:CAG) is an embattled food products company whose shares have lost 26% year-to-date. The stock has struggled due to a multitude of factors. These include analyst downgrades stemming from high meat prices expected to affect the income statement, an updated outlook that expects sales to fall by 2% in 2025, and supply chain issues leading to its earnings missing analyst estimates. Cramer’s previous comments about Conagra Brands, Inc. (NYSE:CAG) have commented on the firm’s ability to potentially benefit from GLP-1 drugs despite being a food company and high yields. This time around, he revealed that Conagra Brands, Inc. (NYSE:CAG) was removing synthetic dyes from its products:
“Conagra, and . . . Nestle, are all taking the dyes out. The synthetic dyes.”
A worker assembling a meal in a food production facility.
Previously, Cramer commented on Conagra Brands, Inc. (NYSE:CAG)’s yield ahead of its earnings:
“Thursday’s quiet on the Washington front but it’s a good prelude to the beginning of earnings season. Conagra reports, okay, and the last time we heard from this package fruit company was a bit dispiriting. One look at that yield north of 5% tells you that something’s very awry here.”
While we acknowledge the potential of CAG as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock.
READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.
Disclosure: None. This article is originally published at Insider Monkey.
