When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
LL - Lumber Liquidators: Increasing Tariffs Are Painful But Survivable For Now
Lumber Liquidators Holdings Inc
Lumber Liquidators (LL) may end up with negative operating margins if the increased 30% tariff rate remains in place for a prolonged period of time. The trade negotiations are unpredictable, and I do not believe that anyone can be confident about when the trade war will be resolved. That being said, Lumber Liquidators can keep itself afloat even if 30% tariffs persist throughout 2020. Its stock should have considerable upside when tariffs are removed. This does assume that the US economy hasn't been significantly damaged by that time and that Lumber Liquidators' balance