The stocks he sold, such as Amgen and ConAgra Foods are traded at all-time highs.
Packaged foods maker ConAgra Foods produces a diverse product set from Healthy Choice packaged meals to Slim Jim beef jerky.
Elsewhere, ConAgra Foods reported notably higher profit than analysts had expected, thanks in part to commodity hedging, sending its shares higher.
ConAgra Foods (CAG) reported on Tuesday that fiscal second quarter net income fell 15 percent mainly due to higher ingredient costs, but results beat expectations.
ConAgra Foods (CAG) narrowly beat earnings expectations, though sales fell short.
ConAgra Foods ( CAG), for example, recently reported that its fiscal second-quarter profit fell 16%, largely because commodity prices rose while at the same time consumers were more budget-conscious.
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Among the largest underlying components of SPLV, in trading today General Mills, Inc. ( NYSE: GIS) is down about 0.3%, ConAgra Foods, Inc. ( NYSE: CAG) is up about 0.3%, and Mondelez International Inc ( NASD: MDLZ) is lower by about 0.8%.
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Hebrew National, owned by ConAgra Foods, says on its website that its certification by Triangle K comes from an orthodox Jewish agency made up of "the most stringent Jews" that provide rabbinical supervision and make sure its products and ingredients meet the "strictest criteria" for kosher.
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If the laws change, large beneficiaries might include large agricultural groups like Archer Daniels Midland (nyse: ADM - news - people ) and ConAgra Foods (nyse: CAG - news - people ) as potential growers or distributors and liquor businesses like Constellation Brands (nyse: STZ - news - people ) and Allied Domecq (nyse: AED - news - people ), which understand the distribution of intoxicants.
Such is the intent, under the guise of convenience, of such foods as Ore Ida's blue French fries, Eastern Foods' purple pizzas, and ConAgra's Kid Cuisine, which features TV dinners like the Sandwich Builder a hamburger meal with a patty shaped like a house and cookies that look like bricks.
ConAgra was forced to hike prices on its commercial foods as well.
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Then, you can assume that food companies like Kraft Foods Group, Mondelez International and General Mills, as well as the likes of ConAgra and Kellogg, would in turn raise their prices.
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