Valued at a market cap of $7,6 billion, Lamb Weston Holdings, Inc. (LW) is a leading global producer of frozen potato products, best known for its French fries, waffle fries, and related items. Headquarters in Eagle, Idaho, the company now employs around 10,700 people and serves restaurant chains and retailers worldwide.
Companies valued between $2 billion and $10 billion are typically classified as “mid-cap stocks,” and LW fits the label perfectly.
