Though it's given back some of its gains this week, Lumber Liquidators remains one of the top-performing stocks in the consumer sector this year. It's done so by capitalizing on a resurgence in spending on home renovations, as well as a niche focus on hardwood flooring -- which has a number of secular demand drivers serving as a tailwind. However, shares come at a cost following such incredible outperformance, and the risk of a pullback in consumer discretionary spending always looms over stocks like Lumber Liquidators. In the following video, Brenton and Austin discuss the company's outperformance, as well as a few more stocks that fit the same mold.
- Aug 22, 2012 at 12:00AM