Harrington: Conagra is down 9% since RFK Jr.'s Health and Human Services nomination
Portfolio Pulse from
Jenny Harrington, CEO of Gilman Hill Asset Management, highlights Conagra as an opportunity due to its 5.3% dividend and low valuation, despite a recent 9% drop following RFK Jr.'s Health and Human Services nomination. She also expresses caution about Nvidia's overvaluation.
November 20, 2024 | 2:00 pm
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POSITIVE IMPACT
Conagra has dropped 9% since RFK Jr.'s nomination, but offers a 5.3% dividend and trades at a low valuation, presenting a potential opportunity.
Conagra's recent 9% drop may be seen as a buying opportunity due to its attractive 5.3% dividend yield and low valuation, as highlighted by Jenny Harrington.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Jenny Harrington expresses caution about Nvidia's overvaluation, suggesting potential risk for investors.
Harrington's caution on Nvidia's overvaluation suggests potential downside risk, impacting investor sentiment negatively.
CONFIDENCE 85
IMPORTANCE 60
RELEVANCE 60