Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.
What: Shares of hardwood flooring giant Lumber Liquidators
So what: Cowen and Company upgraded Lumber Liquidators to outperform from neutral. Traders are buying shares at a torrid pace, with volume nearly three times the three-month average with three hours left in the trading day.
Now what: This is the classic analyst bump giving shares a lift today. With a price-to-earnings ratio of 25.2, Foolish investors may want to look at competitors like Lowe's
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