Lumber Liquidators (NYSE:LL)

CAPS Rating: 5 out of 5

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Player Avatar loriyacht (31.53) Submitted: 2/9/2012 8:50:50 AM : Outperform Start Price: $23.93 LL Score: +8.27

More foreclosures mean more people buying homes cheap and fixing them up. And who is putting in carpeting these days? Everyone wants laminate flooring.Whereas new home sales don't really add to sales for this company, the sales of existing homes absolutely means more revenue. The banks will be turning these homes over as quickly as they can and many of them will get new laminate flooring. Disclosure: I own IRL.

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