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Varun Munjal
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  • Lumber Liquidators, But What About Carpet Consigners? 0 comments
    Jun 18, 2012 10:27 AM | about stocks: LL

    Sometime, somewhere, (maybe from Mr. Buffett's writings), I heard that the debate between hardwood and carpet flooring alternates by generation: two generations ago installed hardwood floors, your parents installed carpet, today's generation installs hardwood floors. Renovators promote this pattern. Because hardwood floors will top out, I advise against buying stock in the pigeonholed Lumber Liquidators (LL) on a value investment (long-term, preferably permanent) basis. If the Lumber Liquidators brand could adapt to selling a diverse mix of floorings, I might say otherwise, but its appeal constitutes its limitation.

    Themes: construction, renovation Stocks: LL
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