Lamb Weston Holdings (LW) has been a dominant player in the
frozen food stock market, though many of its investors have experienced a
36% loss if they invested a year ago. An investigation against the company has been announced, but investors are encouraged to learn more. Their stock holdings were boosted by Osborne Partners Capital Management LLC and GAMMA Investing LLC, but the company's stock also underwent a significant target reduction by BNP Paribas Exane. LW's recent
quarterly dividend announcement, strong volume growth, and allocation of Michael J. Smith as President and CEO prompted speculation that the company might be
poised for recovery. On one hand, there were lawsuits filed against them and they saw a huge value drop due to some bad operational decisions. Yet, the company's strong earnings in Q3 managed to beat expectations and increase the stock surge, earning it a spot among the best Packaged Food Stocks to buy now.
Lamb Weston Holdings LW News Analytics from Mon, 08 Apr 2024 07:00:00 GMT to Thu, 26 Jun 2025 16:56:55 GMT -
Rating -2
- Innovation 3
- Information 8
- Rumor -5