Stocks surged after the PCE report matched expectations, showing a 2.7% annual price increase in August. Core PCE rose 2.9% year-over-year, aligning with forecasts. The data eased investor fears of aggressive Fed actions, ending a three-session decline. Lamb Weston (LW) saw a significant move but remains volatile. The company’s disappointing Q2 results led to a 21.5% drop 9 months ago. LW’s stock is down 16.4% this year and trading 32.9% below its 52-week high. Despite challenges, LW remains a long-term investment option. Young investors can learn from timeless investment principles to identify future market leaders.

Read more at Barchart: Zevia and Lamb Weston Shares Are Soaring, What You Need To Know