Potatoes, Pastries, And Pacemakers — 3 Cheap Dividend Stocks

Have you ever taken a plastic bottle full of air and pushed it deep down into a pool of water?

The oxygen provides buoyancy. And the bottle will rocket back to the surface as soon as the downwards pressure is gone.

I bring this up because there are several stocks that Wall Street is extremely bearish on. And each of these companies is fundamentally solid. Once the sentiment turns around, I believe these companies will rebound.

So, let’s take a look at three businesses Wall Street hates, why they’re hated, and where they might be headed in the future.

1. Lamb Weston Holdings, Inc. ($LW)

Lamb Weston is one of the world’s largest French fry producers.

They sell fries to McDonald’s, KFC, and a variety of other restaurants and institutions — including public schools.

Lamb Weston is a boring but essential business. And it also happens to be a favorite among Wall Street fund managers. For years, this company traded at extremely high valuations that often made it difficult to invest in.

The company’s historical price to earnings ratio of 26.24 is more in line with a tech stock than a potato processor.