Jim Cramer Beats Up on Conagra Management

Ironically, a few hours after I wrote the previous entry on Conagra (CAG) I turned on Jim Cramer's Mad Money on CNBC and he commented on Conagra.  He was actually talking about Conagra selling it's pork division to Smithfield Foods (SFD).   In talking about this sale, Cramer mentions Conagra as "The worst managed company in the food business".  My first thought is that value stocks are not cheap because they have highly regarded management and everyone loves them.  It is also  can only make the stock cheaper that someone with Cramer's following among retail investors dislikes the company.  However, I also know that he does his homework and research so I must redouble my research into Conagra.  


Disclosure: I own Conagra.