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Conagra Brands Hits 46th 52 Week Low: Value Play or Value Trap?

On Tuesday, 209 NYSE stocks hit new 52-week highs, compared to just 43 hitting new 52-week lows. On the Nasdaq, 393 stocks reached new 52-week highs, while 70 hit new 52-week lows. There is no question that the near-term consensus on stocks is bullish. Further afield, it’s anyone’s guess once the effect of tariffs kicks in. More News from Barchart One of the 43 stocks on the NYSE that hit new 52-week lows yesterday was Conagra Brands (CAG), a struggling branded food company. Tuesday’s new 52-week low wa ...