Shares of flooring retailer Lumber Liquidators (NYSE:LL) are getting destroyed this year, down more than 40% since the March peak. The company had a terrible first quarter, as winter weather pummeled many retailers, but reiterated its guidance for the remainder of the year. However, the early quarter bounce-back didn't stick, and management just revised down guidance for the rest of the year. Is it time for investors to move on, or is this a buying opportunity?
In the short video below, Motley Fool contributor Jason Hall tells investors why he's standing pat for now, and offers up alternative decking leader Trex Co. Inc (NYSE:TREX) and engineered quartz countertop maker Caesarstone Sdot-Yam Ltd (NASDAQ:CSTE) as companies with great upside. Neither operate retail stores, and serve different segments of the home improvement market, as well as having other compelling traits. Check out the video below for more.
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Jason Hall owns shares of Lumber Liquidators and Trex. The Motley Fool recommends Caesarstone, Lumber Liquidators, and Trex. The Motley Fool owns shares of Lumber Liquidators and Trex. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.