Valued at a market cap of $9.1 billion, Lamb Weston Holdings, Inc. (LW) engages in the production, distribution, and marketing of frozen potato products. The Eagle, Idaho-based company offers frozen potatoes, commercial ingredients, and appetizers under the Lamb Weston brand, as well as under various other customer labels.
Companies worth $10 billion or less are generally described as “mid-cap” stocks, and LW fits right into that category. The packaged foods company has been a leader in the frozen potato industry for over 70 years and is one of the world's largest producers of frozen french fries.
