Lamb Weston Holdings Enters Oversold Territory, Offers Attractive Dividend Yield

Lamb Weston Holdings Inc. (LW) is now oversold with a Relative Strength Index (RSI) reading of 29.4, indicating a potential exhaustion of recent heavy selling. The stock's annualized dividend of 1.48/share works out to a 2.56% annual yield based on the recent share price of $57.83. Investors should investigate the company's dividend history to determine if the recent dividend is likely to continue.