Top 3 Defensive Stocks That Could Blast Off In Q3
Consumer staples stocks Tootsie Roll, Lamb Weston and Hormel Foods are oversold, with RSI readings near or below 30, offering potential value.
Stocks · News reference
Jana Partners Takes New Stake In Lamb Weston Hldgs Inc With 5,394,635 Shares.
Reference Details
Connected Markets
Poisar stores the source's headline, summary and market tags for reference. Reporting and full article text remain with the original publisher.
- Source
- benzinga
- Observed
- Checked
- Cadence
- Captured once, then retained as an archive reference
- Status
- fresh
Keep reading
Related Headlines
Campbell's (CPB) Lags Q4 Earnings and Revenue Estimates
Campbell's reported quarterly earnings of $0.39 per share, missing the consensus estimate of $0.40 and falling short of year-ago earnings of $0.62. Revenue also missed expectations at $2.14 billion. The company received a Zacks Rank #4 (Sell) rating due to unfavorable estimate revisions, and shares have declined 14.7% year-to-date versus the S&P 500's 12% gain. The Food - Miscellaneous industry ranks in the bottom 20% of Zacks industries.
Jana Partners Buys Stake in Data Center Stock Everpure, May Be Up Almost 100% Already
Jana Partners adds Everpure stock, a growing player in AI and data center market, to its portfolio. It also lowers its stake in other companies.