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LL - Lumber Liquidators May Have Turned The Corner
Lumber Liquidators Holdings Inc
Lumber Liquidators (LL) may have turned the corner after reporting slightly positive comps in Q4 2019 and guiding for low single-digit comps in 2020 along with solid adjusted operating margins.
Its stock could have continued upside if it delivers more than the bare minimum needed to meet guidance. Getting +1% or better comps should improve the value of its stock.
I am somewhat less bullish (although still positive) on Lumber Liquidators now though, due to its stock reaching $10.50 and the risks around the tariff exemption expiring or the company falling a bit