Lamb Weston Holdings, Inc. (NYSE:LW) is a well-known American firm that sells french fries. It is one of the worst-performing stocks on the market in 2024 as the shares are down 42% year-to-date. Like Conagra, the firm has struggled with declining volumes due to consumers struggling with high inflation. However, Lamb Weston Holdings, Inc. (NYSE:LW) has also dealt with rising potato prices, which a lawsuit claims stems from due actions of a 'potato cartel.' The firm is also purportedly part of this cartel. US potato production dropped to a new low since 2010 by June 2024 and prices had surged by 36%. Cramer's comments around Lamb Weston Holdings, Inc. (NYSE:LW) revolved around management changes forced by activist investor Jana Partners: