Independent research on the U.S. markets, Baptista Research

Baptista Research

Independent research on the U.S. markets

Baptista Research is an independent financial research house focused on the U.S. markets. We provide equity research as well as credit research reports on the top-listed U.S. companies with most of our focus on technology, consumer goods and services, automobiles, industrials, oil and gas, pharma, and healthcare. Our research has served more than 3000 institutional investors including mutual funds, hedge funds, banks, family offices, and various buy-side firms. We operate a research subscription service where institutions, as well as retail investors, can have priority access to all our research. We also have a wide distribution of our research reports across some of the top global financial platforms. Apart from equity research and credit research, we also provide advisory services with respect to mergers & acquisitions (M&A), private equity/ venture capital fundraising, valuation reports, and investment management services for corporates.
Baptista Research is owned and managed by Ishan Majumdar, an ex-Venture Capitalist/ Investment Banker, a Chartered Accountant, and a Masters’ degree holder in Management from HEC Paris. Ishan has nearly a decade of experience in Mergers and Acquisitions, Leveraged Buyouts (LBOs), Venture Capital Investing, Corporate Strategy, and Valuation in front-office roles at the likes of BNP Paribas CIB, Credit Agricole CIB, Groupe Danone, and TIW Private Equity. He has worked on and closed multiple acquisition deals, leveraged buyouts, and start-up investment transactions.

Equity Bottom-Up

<ul><li>Conagra Brands did not just replace a chief executive; it exposed a broader strain running through packaged food.</li><li>The company said Sean Connolly will step down as president and CEO on May 31 and also leave the board, with veteran consumer-products executive John Brase set to take over on June 1 after recently leaving J.M. Smucker during an executive realignment that eliminated the chief operating officer role.</li><li>The change comes after a difficult stretch marked by a more than 40% decline in the stock over the last 12 months, a recent earnings miss, and guidance that pointed to full-year profit landing at the bottom end of the prior range.</li></ul>

Conagra Brands did not just replace a chief executive; it exposed a broader strain running through packaged food.The company said Sean Connolly will step down as president and CEO on May 31 and also leave the board, with veteran consumer-products executive John Brase set to take over on June 1 after recently leaving J.M. Smucker during an executive realignment that eliminated the chief operating officer role.The change comes after a difficult stretch marked by a more than 40% decline in the stock over the last 12 months, a recent earnings miss, and guidance that pointed to full-year profit landing at the bottom end of the prior range.

Conagra’s CEO Exit Signals A Deeper Problem In America’s Food Industry!

<ul><li>Conagra Brands reported continued momentum in its core frozen and snacks businesses during the third quarter of fiscal 2026, with organic volume growth recovering following prior supply chain disruptions.</li><li>The company emphasized its strategic "horses for courses" approach, prioritizing volume growth in high-potential segments like frozen meals and snacks, while focusing on cash maximization in staples such as canned goods.</li><li>This approach led to positive volume trends and improved portfolio performance, although the refrigerated segment remains more focused on cash contribution than volume growth.</li></ul>

Conagra Brands reported continued momentum in its core frozen and snacks businesses during the third quarter of fiscal 2026, with organic volume growth recovering following prior supply chain disruptions.The company emphasized its strategic "horses for courses" approach, prioritizing volume growth in high-potential segments like frozen meals and snacks, while focusing on cash maximization in staples such as canned goods.This approach led to positive volume trends and improved portfolio performance, although the refrigerated segment remains more focused on cash contribution than volume growth.

Conagra Brands: Frozen Foods Are Driving a Comeback—But Is This Recovery Built to Last?

Independent in-depth research from Finimize, Finimize

Finimize Research

Independent in-depth research from Finimize

Finimize

Finimize is the #1 information platform for modern investors. We empower people to become smarter investors with bitesize insights from world-class analysts. 1 million+ strong community, 250 partners.

Thematic (Sector/Industry)

<ul>
<li>The US economy’s resilience hasn’t come from the many – it’s come from the top 10% as the “wealth effect” from rising asset prices has boosted spending.</li>
<li>But it works in reverse too.  Since the richest make up nearly half of America’s consumer spending, that could lead to a serious economic fallout.</li>
<li>It’s worth considering protecting your portfolio. I’ve pulled together one list of companies that should do well and another that could suffer from the change in climate.</li>
</ul>


The US economy’s resilience hasn’t come from the many – it’s come from the top 10% as the “wealth effect” from rising asset prices has boosted spending.
But it works in reverse too.  Since the richest make up nearly half of America’s consumer spending, that could lead to a serious economic fallout.
It’s worth considering protecting your portfolio. I’ve pulled together one list of companies that should do well and another that could suffer from the change in climate.


A Defensive Portfolio Prepared For The Wealth Effect’s Reversal

US-EU Index Rebalances / Quantitative Researcher, ORTEX

Dimitris Ioannidis

US-EU Index Rebalances / Quantitative Researcher

Global Financial Data and Analytics Platform

ORTEX

ORTEX is a global financial data and analytics platform providing real-time securities lending and short interest data, index rebalance data, holdings and insider transactions, trading signals, corporate actions and news,  stock machine learning and factor scores and other analytics. The majority of the data are downloadable and accessible through APIs.

Index Rebalance

<ul>
<li>
<a href="https://www.smartkarma.com/entities/marvell-technology-inc" target="_blank" data-smartkarma-citation="entities:15837:1" rel="noopener">Marvell Technology (MRVL US)</a> is the main candidate for addition from TMI but has a reduced probability of inclusion due to sector balance.</li>
<li>
<a href="https://www.smartkarma.com/entities/flex-ltd" target="_blank" data-smartkarma-citation="entities:36680:1" rel="noopener">Flex (FLEX US)</a> and <a href="https://www.smartkarma.com/entities/technipfmc-plc-2f8326ad-9188-44ca-bada-c9b9144835fd" target="_blank" data-smartkarma-citation="entities:13457:1" rel="noopener">TechnipFMC (FTI US)</a> are in MidCap and the top candidates for addition based on high eligibility scores.</li>
<li>
<a href="https://www.smartkarma.com/entities/flex-ltd" target="_blank" data-smartkarma-citation="entities:36680:1" rel="noopener">Flex (FLEX US)</a> is projected for double inclusion to S&amp;P500 and Nasdaq100 on 19 June.</li>
</ul>



Marvell Technology (MRVL US) is the main candidate for addition from TMI but has a reduced probability of inclusion due to sector balance.

Flex (FLEX US) and TechnipFMC (FTI US) are in MidCap and the top candidates for addition based on high eligibility scores.

Flex (FLEX US) is projected for double inclusion to S&amp;P500 and Nasdaq100 on 19 June.


S&P500 June 2026 Forecast: FLEX, FTI & MTZ Leading the Pack

<ul><li>Conagra Brands reported its second quarter fiscal year 2026 earnings with several key themes surrounding its financial performance and strategic outlook.</li><li>The company seems to be positioned for organic net sales growth in the second half of the fiscal year.</li><li>Some factors contributing to this optimism include the easing of supply constraints from the prior year, aggressive promotion in frozen and snack categories, and anticipated favorable shifts in trade inventory from the second to the third quarter.</li></ul>

Conagra Brands reported its second quarter fiscal year 2026 earnings with several key themes surrounding its financial performance and strategic outlook.The company seems to be positioned for organic net sales growth in the second half of the fiscal year.Some factors contributing to this optimism include the easing of supply constraints from the prior year, aggressive promotion in frozen and snack categories, and anticipated favorable shifts in trade inventory from the second to the third quarter.

Conagra Brands: Inside the Frozen Comeback & the 53% Single-Serve Power Move Reshaping Market Share!

United States

ConAgra Foods, Inc. manufactures and markets packaged foods for retail consumers, restaurants and institutions. The Company offers a wide range of food products, including meals, entrees, condiments, sides, snacks, specialty potato products, milled grain ingredients, dehydrated vegetables and seasonings, and blends and flavors.

Price Gauge
52-week Range	0.00 - 0.00
Market Cap (USDm)	0.00
P/E	0.00
Dividend (Yield)	0.00

Conagra Foods (CAG US)

Conagra’s CEO Exit Signals A Deeper Problem In America’s Food Industry!

Conagra Brands did not just replace a chief executive; it exposed a broader strain running through packaged food. The company said Sean Connolly...

Baptista Research

Conagra Brands: Frozen Foods Are Driving a Comeback—But Is This Recovery Built to Last?

Conagra Brands reported continued momentum in its core frozen and snacks businesses during the third quarter of fiscal 2026, with organic volume...

Baptista Research

A Defensive Portfolio Prepared For The Wealth Effect’s Reversal

The top 10% account for around 50% of consumer spending in the US. This insight looks at the sectors and companies that could win and lose from the...

Finimize Research

S&P500 June 2026 Forecast: FLEX, FTI & MTZ Leading the Pack

MRVL faces reduced probability due to sector balance; FLEX and FTI are top candidates for addition based on high eligibility scores, with FLEX...

Dimitris Ioannidis

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)

Conagra’s CEO Exit Signals A Deeper Problem In America’s Food Industry!

Conagra Brands did not just replace a chief executive; it exposed a broader strain running through packaged food. The company said Sean Connolly...

Baptista Research

Conagra Brands: Frozen Foods Are Driving a Comeback—But Is This Recovery Built to Last?

Conagra Brands reported continued momentum in its core frozen and snacks businesses during the third quarter of fiscal 2026, with organic volume...

Baptista Research

A Defensive Portfolio Prepared For The Wealth Effect’s Reversal

The top 10% account for around 50% of consumer spending in the US. This insight looks at the sectors and companies that could win and lose from the...

Finimize Research

S&P500 June 2026 Forecast: FLEX, FTI & MTZ Leading the Pack

​MRVL faces reduced probability due to sector balance; FLEX and FTI are top candidates for addition based on high eligibility scores, with FLEX...

Dimitris Ioannidis

Conagra Brands: Inside the Frozen Comeback & the 53% Single-Serve Power Move Reshaping Market Share!

Conagra Brands reported its second quarter fiscal year 2026 earnings with several key themes surrounding its financial performance and strategic...

Baptista Research

MRVL faces reduced probability due to sector balance; FLEX and FTI are top candidates for addition based on high eligibility scores, with FLEX...