Joel Kruger suggests this interesting Equities in his section Equities of interest :
ConAgra Foods Inc. (NYSE: CAG)
This food company looks real solid and I am in no way doubting the very attractive fundamentals here. There have been a lot of positives and the added lure of a dividend yield also doesn’t hurt. However, I do need to bring the technical picture into focus. The rally seems to have gotten a bit out of control and daily studies are through the roof. With that in mind, I am issuing a warning that longs should consider booking some profit at current levels which are very attractive. Throw in my broader bearish equity view…..and taking some off here seems to make sense.
