$LW Buy the -20% dip with your French fries

- LW (Lamb Weston Holdings Inc.) missed earnings due to transition to a new ERP system. - CEO says order fulfillment rates have been normalized. - Financial overview: Sales projection, net income, and P/E ratios suggest fair valuation. - Market presence: Strong client base including McDonald’s and Walmart. - ERP system challenges impacted Q3 results, affecting net income and Adjusted EBITDA. - Risks include immediate financial and operational risks and client dependency. - Outlook remains strong for long-term prospects despite short-term challenges. - Financial projections remain robust despite impacts from ERP transition and one-time charge. - LW appears to be in a temporary bearish phase but holds bullish potential for the long term. - Buying stock at the dip and holding long or buying leaps could be a safer bet.