U.S. markets open in 13 minutes

Lumber Liquidators (LL) Soars: Stock Adds 5% in Session

Zacks Equity Research

Lumber Liquidators Holdings, Inc. LL was a big mover last session, as the company saw its shares rise more than 5% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company — as the stock is now up 49.5% in the past one-month time frame.

The company has seen two negative estimate revisions in the past few months, while its Zacks Consensus Estimate for the current quarter has also moved lower over the past few months, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward, to see if this recent move higher can last.

Lumber Liquidatorscurrently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

Lumber Liquidators Holdings, Inc Price

Lumber Liquidators Holdings, Inc Price

Lumber Liquidators Holdings, Inc price | Lumber Liquidators Holdings, Inc Quote

A better-ranked stock in the Retail-Wholesale sector isFastenal Company FAST, which currently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

The Hottest Tech Mega-Trend of All

Last year, it generated $24 billion in global revenues. By 2020, it's predicted to blast through the roof to $77.6 billion. Famed investor Mark Cuban says it will produce "the world's first trillionaires," but that should still leave plenty of money for regular investors who make the right trades early.

See Zacks' 3 Best Stocks to Play This Trend >>


Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
 
Fastenal Company (FAST) : Free Stock Analysis Report
 
Lumber Liquidators Holdings, Inc (LL) : Free Stock Analysis Report
 
To read this article on Zacks.com click here.