10 Best Packaged Food Stocks to Buy Now

4. Lamb Weston Holdings, Inc. (NYSE:LW)

Number of Hedge Fund Holders: 47

Lamb Weston Holdings, Inc. (NYSE:LW) is a global distributor, producer, and marketer of packaged frozen potato products. It supplies frozen potatoes, sweet potatoes, vegetable products, and appetizers to retailers and restaurants worldwide. Its operations are divided into North America and International segments.

The company’s fiscal Q3 2025 earnings showed a 9% volume growth, while net sales rose 4%. Its adjusted EBITDA also grew by 6%. Lamb Weston Holdings, Inc. (NYSE:LW) is also focusing on its previously announced restructuring plan. It is on track to deliver at least $55 million in pretax savings in fiscal 2025 and $85 million in pretax savings in fiscal 2026.

On April 7, Barclays analyst Andrew Lazar maintained a Buy rating on Lamb Weston Holdings, Inc. (NYSE:LW) and set a price target of $69.00. The analyst told investors that while global markets plummeted due to a potentially imminent tariff war, Lamb Weston Holdings, Inc. (NYSE:LW) rose around 10% after its earnings beat for fiscal Q3 2025. The analyst also said that the company maintained its positive full-year outlook, supported by ongoing product innovation initiatives and significant cost-saving measures brought about by a restructuring plan. Its strategic initiatives and control over operational improvements rank it fourth on our list of the top packaged food stocks to invest in.