Below is a brief note from CEO Keith McCullough on why we're adding Lamb Weston (LW) to the short side of Investing Ideas:
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There's always some green on your screen to sell somewhere... With Lamb Weston (LW) up on a rope this week, Howard Penney is giving me the green light to send out the SELL signal. Per Penney's Institutional Research note, "LW put up a strong quarter, but all the drivers of growth will continue to slow and the issues that are impacting its European JV’s are only just beginning." KM |
