Food Processing Company Stock Gets Fried by Recall: Time to Buy
Lamb Weston(LW) MarketBeat·2024-07-24 22:50
Lamb Weston TodayLWLamb Weston$58.23 -20.39 (-25.93%) 52-Week Range$58.11▼$117.38Dividend Yield2.47%P/E Ratio7.77Price Target$116.30Add to WatchlistLamb Weston NYSE: LW share prices got fried after Q4 results were worse than expected. The move shaved 20% off the share price, putting the market near long-term lows, but now is not the time to sell. As bad as the implosion looks, the existing market is capitulating and setting up an attractive buying opportunity for new investors. While headwinds persist, the ...