Billionaire Investor Stan Druckenmiller and Insiders Are Piling Into These 5 Stocks

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

Billionaire Stanley Druckenmiller’s Stake: $58,283,000

William Jurgensen, a notable member of Lamb Weston Holdings Inc.’s (NYSE:LW) board of directors, snapped up 3,000 shares of Lamb Weston Holdings Inc. (NYSE:LW) on October 16, 2023, for $84.35 per share. Since then through March 25 the stock is up by about 22%.

The London Company SMID Cap Strategy made the following comment about Lamb Weston Holdings, Inc. (NYSE:LW) in its Q3 2023 investor letter:

“Lamb Weston Holdings, Inc. (NYSE:LW) – LW underperformed after the company reported lower volumes and provided a cautious outlook. This sparked fears the industry could have too much capacity as volumes slow. However, management has been clear the majority of the lower volume for LW has been intentional by shedding lower margin contracts. On a positive note, the fry attachment rate remained high. We remain attracted to LW’s market share, pricing power, and industry tailwinds.”