Conagra Brands is a leading food company that specializes in the production and distribution of a wide range of packaged food products. They offer popular brands in various categories, including frozen meals, snacks, condiments, and pantry staples, catering to consumer preferences and convenience.

The stock of Conagra Brands (CAG) is currently trading at new multi-month highs, indicating a potential reversal of the previous downtrend. This suggests a shift in investor sentiment, with buying pressure outweighing selling pressure.

Traders and investors should closely monitor the stock's price movements and key technical levels, such as support and resistance, to identify potential continuation of the upward trend. Analyzing volume patterns and other technical indicators can provide further confirmation of the stock's positive momentum.

It is important to exercise caution and wait for confirmation of a sustained uptrend before making any investment decisions related to Conagra Brands (CAG).