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Actionable news in CAG: CONAGRA FOODS Inc,

Buy ConAgra for Its Solid Brands, Decent Dividend

ConAgra Foods (CAG - Get Report) reports fiscal third-quarter results before the open Thursday. This stock is a buy if you are looking for solid long-term dividend play in consumer staples.

For the quarter that ended February, the company is expected to earn 58 cents per share on revenue of $2.86 billion, compared to a year ago when the company earned 59 cents on revenue of $3.88 billion. For the year earnings are projected to be up 4% year over year to $2.27 per share, while revenue of...