Conagra Brands: Improving Outlook And Discounted Valuation
Conagra Brands' revenue growth is expected to turn positive in FY25 due to easing Y/Y comparisons and sequential volume recovery. The company's execution in launching innovative products and replicating successful strategies in other categories should aid market share and revenue growth. The stock is trading at a discount compared to historical averages, making it a good buy with improving revenue outlook and margin expansion prospects.
The 7 Safest High-Yield Dividend Stocks to Hold Forever: May 2024
Income investors should pay special attention to high-yield dividend stocks, especially if these stocks are safe and are trading at a valuation with little downside risk. I think it is a good idea to sit on these discounted dividend stocks and let them compound rather than putting your money into some of the more overvalued names today.
