Conagra Brands, Inc. (NYSE:CAG<\/b>) is one of the stocks highlighted in Jim Cramer\u2019s latest Mad Money recap as he provided top stock insights<\/b>. Toward the end of the lightning round, responding to a caller\u2019s question about the stock, Cramer said:<\/p>\n Conagra\u2019s tough. I never buy a stock just for its yield. Conagra\u2019s got a big yield, but I don\u2019t want to go there.<\/p>\n<\/blockquote>\n A stock market chart. Photo by Arturo A on Pexels<\/p>\n Conagra Brands, Inc. (NYSE:CAG) makes packaged foods, including pantry staples, frozen meals, and snacks. Some of its well-known brands include Marie Callender\u2019s, Slim Jim, Birds Eye, and BOOMCHICKAPOP. Cramer mentioned the stock during the March 12 episode and said:<\/p>\n Conagra\u2019s been a nightmare of a stock, even as the company\u2019s put together a terrific family of brands, navigated a tough situation as best it could. At the same CAGNY conference I just referenced, Conagra reaffirmed guidance, but still said it sees full year sales at +1 to -1%. Not enough to get anyone excited. A year ago, Conagra was a $26 stock. Now, it\u2019s a $16 stock. Sure, it has an 8.25% yield, but only because the stock\u2019s been beaten down to such a low level, not because it keeps boosting its payout by leaps and bounds.<\/p>\n<\/blockquote>\n While we acknowledge the potential of CAG as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock<\/b>.<\/p>\n READ NEXT: <\/b>33 Stocks That Should Double in 3 Years<\/b> and <\/b>15 Stocks That Will Make You Rich in 10 Years<\/b>\u00a0<\/b><\/p>\n Disclosure: None. Follow Insider Monkey on Google News<\/b>.<\/b><\/p>\n<\/p><\/div>\n\n
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