Digging Into This Top Consumer Stock
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.
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The article Digging Into This Top Consumer Stock originally appeared on Fool.com.
Austin Smith has no positions in the stocks mentioned above. Brenton Flynn has no positions in the stocks mentioned above. The Motley Fool owns shares of Best Buy, Lumber Liquidators, and Tractor Supply. Motley Fool newsletter services recommend Lumber Liquidators, The Home Depot, 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.
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