StockCall Early Morning Insight into Green Mountain Coffee Roasters, ConAgra Foods, Campbell Soup, and Hain Celestial
LONDON, April 10, 2013 /PRNewswire/ --
Processed & packaged goods companies such as Green Mountain Coffee Roasters Inc. (NASDAQ: GMCR), ConAgra Foods Inc. (NYSE: CAG), Campbell Soup Company (NYSE: CPB), and The Hain Celestial Group Inc. (NASDAQ: HAIN) are looking to capitalize on a rebound in consumer spending in the U.S. However, the biggest growth driver for processed & packaged goods companies will be emerging markets. Rising income levels in emerging economies is expected to boost demand for consumer goods in the next few years. Processed & packaged goods stocks ended on a mixed note on Tuesday even as the broad market edged higher. StockCall has issued technical analysis and charting reports on GMCR, CAG, CPB, and HAIN. Download these free reports now at
http://www.stockcall.com/todaysopinions
Shares of Green Mountain Coffee Roasters Inc. edged higher in trading on Tuesday. The stock closed 0.80% higher at $55.26 on volume of 2.19 million. The company's shares have had an excellent run so far in 2013. Year-to-date, the stock has gained more than 33%, outperforming the broad market. The stock is currently trading 6.81% below its 52-week high. Green Mountain Coffee's shares are currently facing stiff resistance at around $57.50. Its MACD chart suggests that market sentiment has turned bearish on the stock. Download the free research on GMCR today by registering at
http://www.StockCall.com/GMCR041013.pdf
Shares of ConAgra Foods Inc. slipped in trading on Tuesday. The stock traded between $34.33 and $34.64 before finishing the day 0.75% lower at $34.34 on above average volume of 4.34 million. ConAgra Foods' shares have had an excellent run thus far in the year, gaining more than 17.30%. However, the stock has seen a pullback after hitting a 52-week high of $35.91 recently. Recent volume activity and the stock's MACD chart suggest that market sentiment has turned bearish on the stock. Shares of CAG currently have support at around $33.50. Sign up and have access to our free report on CAG at
http://www.StockCall.com/CAG041013.pdf
Campbell Soup Company's shares edged lower on Tuesday; however, the losses were limited. The stock ended the day 0.60% lower at 0.60% lower at $44.92 on volume of 1.54 million. The company's shares traded between $44.76 and $45.40. Shares of CPB are currently trading close to their 52-week high of $46.45. Year-to-date, the stock has gained 28.75%, outperforming the S&P 500. However, the stock's MACD has just crossed below the signal line, which suggests that market sentiment has turned bearish on the stock. The negative trend is further confirmed by recent volume activity. Sign up and read the complimentary report on CPB at
http://www.StockCall.com/CPB041013.pdf
Shares of The Hain Celestial Group Inc. rose in yesterday's session. The stock ended the day 0.38% higher at $60.99 on volume of 358,585. The stock has gained more than 1% in the last three trading sessions. Year-to-date, the stock has gained nearly 12.50%, outperforming the broad market. Hain Celestial's shares are currently trading more than 17% below their 52-week high. The stock is currently trading above its 50-day and 200-day moving averages, which is a bullish signal. The stock currently faces resistance at around $62. The free report on HAIN can be downloaded by signing up now at
http://www.StockCall.com/HAIN041013.pdf
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