Conagra Brands: Positive Valuation But With Some Risks

sfe-co2/iStock via Getty Images Investment Thesis Conagra Brands (NYSE:CAG) is a holding company that deals with the production and packaging of various food products. The company is investing heavily to strengthen its product portfolio. In fact, on August 9th, Conagra Brands expanded its portfolio by acquiring Sweetwood Smoke & Co., the maker of the premium FATTY Smoked Meat Sticks brand. In addition to this, Conagra Brands has announced several new product launches to be made during the summer of 2024 ...