Spinoff will unlock value

We’ve had great success over the years in picking stocks with underappreciated assets. ConAgra, a long-time favourite, is a prime example. It has just handed out shares in its Lamb Weston subsidiary to its investors. Parents and spinoffs tend to outperform comparable stocks. We think… Read More

ConAgra opts for spinoff instead of sale

CONAGRA FOODS INC. $47 (New York symbol CAG; Income Portfolio, Consumer sector; Shares outstanding: 438.7 million; Market cap: $20.6 billion; Price-to-sales ratio: 1.8; Dividend yield: 2.1%; TSINetwork Rating: Above Average; www.conagrafoods.com) makes packaged foods, including Chef Boyardee canned pasta, Hunt’s tomato sauce, Peter Pan peanut… Read More

Wall Street Stock Forecaster Hotline – Friday, May 27, 2016

HEWLETT-PACKARD ENTERPRISE CO., $18.25, New York symbol HPE, sells computing services and products, such as servers and analytics software, to businesses and governments.

The stock jumped over 15% this week after the company announced that it would spin off its Enterprise Services business and merge it… Read More

CONAGRA FOODS INC. $45

CONAGRA FOODS INC. $45 (New York symbol CAG; Income Portfolio, Consumer sector; Shares outstanding: 436.4 million; Market cap: $19.6 billion; Price-to-sales ratio: 1.2; Dividend yield: 2.2%; TSINetwork Rating: Above Average; www.conagra foods.com) makes packaged foods, including Chef Boyardee canned pasta, Hunt’s tomato sauce, Peter Pan… Read More