Bullish Case: Improved quarterly performance, strategic adjustments hinting at efficiency gains, and a history of dividend stability suggest upside potential for CAG, despite broader market pressures.


Bearish Case: Disappointing sales forecasts and recent price declines, coupled with market skepticism, suggest continued bearish sentiment may pervade CAG's near-term outlook.


Potential Outcomes:

1) Earnings outperformance (25%) sparks bullish momentum.

2) Sales dip (50%) follows market forecast, pressuring shares.

3) Neutral trend persists (25%) amid market ambivalence.


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April 16, 2024


Conagra Brands Forecast

CAG        Conagra Brands
Price Forecast: NEUTRAL    Price Action: MEAN REVERTING (?)






Correlated Stock Forecasts

Assets that tend to move strongly with CAG



NEE Forecast + Options Trading Strategies   [NEE]  NextEra Energy (0.92)


AES Forecast + Options Trading Strategies   [AES]  AES (0.91)


EVRG Forecast + Options Trading Strategies   [EVRG]  Evergy (0.91)


D Forecast + Options Trading Strategies   [D]  Dominion Energy (0.91)


XLU Forecast + Options Trading Strategies   [XLU]  Utilities Select Sector SPDR (0.89)



Uncorrelated Stock Forecasts

Assets with little price relationship to CAG



MFC Forecast + Options Trading Strategies   [MFC]  Manulife Financial (0.0)


CLMT Forecast + Options Trading Strategies   [CLMT]  Calumet Specialty Products (0.0)


HEI Forecast + Options Trading Strategies   [HEI]  Heico (-0.0)


TFC Forecast + Options Trading Strategies   [TFC]  Truist Financial (-0.0)


SNA Forecast + Options Trading Strategies   [SNA]  Snap-on (-0.0)



Anticorrelated Stock Forecasts

Assets that tend to move strongly against CAG



TBT Forecast + Options Trading Strategies   [TBT]  PowerShares UltraShort Lehman 20+ Yea (-0.78)


TBF Forecast + Options Trading Strategies   [TBF]  ProShares Short 20+ Year Treasury (-0.79)


GRPN Forecast + Options Trading Strategies   [GRPN]  Groupon (-0.8)


TIGR Forecast + Options Trading Strategies   [TIGR]  UP Fintech (-0.8)


HDSN Forecast + Options Trading Strategies   [HDSN]  Hudson Technologies (-0.86)





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