Lumber Liquidators Holdings (LL) has benefited tremendously from the rebound in housing over the past few years. The largest specialty retailer of hardwood flooring in North America provides homeowners with an extensive selection of product at various price points. As housing prices move higher the American consumer is once again beginning to perceive value in home ownership. Lumber Liquidators fits into this perception by offering a reasonably priced product which makes a significant difference in the appearance of your home. The market has taken notice, and shares that just eighteen months ago were trading in the high teens now trade just below $100.
While this may sound like a great growth stock to begin accumulating for your portfolio,...
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