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Stocks: CAG, PF

This Acquisition-Hungry Company Just Hit Our Best Stocks to Buy List

By Dustin Parrett, Associate Editor, Money Morning • July 6, 2018

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Conagra Brands Inc. (NYSE: CAG) is about to announce a takeover of Pinnacle Foods Inc. (NYSE: PF), and it's laying the groundwork for the company's lucrative modernization plan...

In fact, RBC Capital Markets just upgraded the stock in the wake of the news of the acquisition, giving CAG a target price of $46 for a potential gain of 33% from today's share price of $34.64.

FoodAcquisitions are going to be a key driver of CAG's future growth.

Conagra has a clearly defined plan to spend money on acquisitions to diversify its brand, attract health-conscious consumers, increase top-line growth, and help widen its margins.

And the company's acquisition of Pinnacle Foods is a sign Conagra is ambitiously pursuing this plan.

The Gains on This One $10 Stock Alone Could Earn You Enough to Retire: Click here now for details.

The deal will make Conagra the second-largest frozen food company in the United States, behind only industry giant NestlƩ S.A.

And that's just one reason to own CAG stock...

Why Conagra Stock Is One of the Best Stocks to Buy

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Kirk Boand
Kirk Boand
4 years ago

My Conagra Preferred stocks have been with me since 1970 and made me a fortune along the way. I agree with the Conagra buy. It's done well during the 70's and all the way up to the 2008 crash. I lost six-figure amounts like a birthday party that was not for me! Still a great stock that I hold always. Buy! Buy! Buy!

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John Kaiser
John Kaiser
4 years ago

sounds good

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