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Jim Cramer on Lamb Weston: “I’m Going to Steer You Away From That Stock”

Lamb Weston Holdings, Inc. (NYSE:LW) is one of the stocks Jim Cramer commented on. During the lightning round, a caller inquired about the company, and Cramer commented:

“Lamb Weston, man… I gotta tell you, I think it’s interesting because there’s a lot of people circling it, but I hate to buy a stock just because I’m hoping for a takeover. So I’m going to steer you away from that stock and from that group, which is really a nightmare.”

Stock market reports printed on a sheet of paper. Photo by RDNE Stock Project on Pexels

Lamb Weston Holdings, Inc. (NYSE:LW) produces and markets frozen potato products, appetizers, and commercial ingredients under its own, licensed, and private-label brands. In a December 2024 episode of Squawk on the Street, Cramer discussed the stock and said:

“When asked how you can go wrong making fries, “What do they think the financial results are? What are the financial results of this man coming in. . . .of this change, the COO coming in [AS CEO]? . . . Disastrous!” “Look, this company was doing better than its spin-off would have been, the company was spun off from Conagra. Uh, and I always felt, but hold on, wait a second, maybe Conagra should have kept french fries but in the end this is a company that is now worth $9 billion versus $12 billion when Conagra completely reversed. There was some way to make this company better. And you don’t pick the guy whose part of the regime.” “You know what you do? You go to Jana and say hey you know what? Get us a guy. You know who would do better than this guy? Maybe Mr. Potato Head. Mr. Potato Head has game.”

Since the above comment was made, the stock has declined by over 16.6%.

While we acknowledge the risk and potential of LW as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than LW and that has 10,000% upside potential, check out our report about this cheapest AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This article is originally published at Insider Monkey.

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Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

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  • 175 Teslas
  • 107 Amazons
  • 140 Metas
  • 84 Googles
  • 65 Microsofts
  • And 55 Nvidias

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  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
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