Lamb Weston (LW) is a leading global manufacturer of frozen potato products, currently ranked #5 (Strong Sell) by Zacks. The company’s latest quarterly results fell short of expectations, causing shares to plummet to their lowest level since early 2022. CEO Tom Werner predicts another challenging year ahead due to softening demand and menu price inflation impacting global restaurant traffic.

Negative earnings revisions and soft results paint a challenging picture for Lamb Weston’s shares in the near term. Analysts have a bearish outlook on the company’s earnings. Investors seeking strong stocks should focus on those with a Zacks Rank #1 (Strong Buy) or Zacks Rank #2 (Buy) for potential explosive gains in the near future.

From thousands of stocks, 5 Zacks experts have chosen their favorite to potentially double in value. Director of Research Sheraz Mian has hand-picked a company targeting millennial and Gen Z audiences, generating nearly $1 billion in revenue last quarter. This could be an ideal time to invest after a recent pullback.

Read more at Nasdaq: Bear of the Day: Lamb Weston (LW)