Top 10 Cheapest Stocks To Buy For 2015

Top 10 Cheapest Stocks To Buy For 2015: Lumber Liquidators Holdings Inc (LL)

Lumber Liquidators Holdings, Inc. (Lumber Liquidators) is retailer of hardwood flooring, and hardwood flooring enhancements and accessories. The Company offers an assortment of wood flooring, which includes prefinished domestic and exotic hardwoods, engineered hardwoods, unfinished hardwoods, bamboo, cork and laminates, as well as resilient flooring. Its flooring enhancements and accessories include moldings, noise-reducing underlay and adhesives. Lumber Liquidators and Bellawood are it brands. Its hardwood flooring products are available in various widths and lengths. It offers approximately 350 different flooring product stock-keeping units. In September 2011, it acquired certain assets of Sequoia Floorings Inc. (Sequoia) relating to Sequoia's quality control and assurance, product development and logistics operations in China.

In June 2013, Lumber Liquidators Holdings Inc announced that the Company has opened its 300th store, located in Las Vegas, Nevada.

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During the year ended December 31, 2011, the Company opened 40 stores. As of February 20, 2012, the Company operated 266 stores located in 46 states and Canada. During 2011, Lumber Liquidators opened its first stores in Canada. It operates a central distribution center located in Hampton, Virginia, supplemented by its facilities in Toano, Virginia. In addition, it operates a facility in Toronto, Canada, with both a store front and a small warehouse serving that metropolitan market. In 2011, Lumber Liquidators finished approximately 79% of its Bellawood products at its finishing facility in Toano, Virginia.

Solid Hardwood

The Company's solid hardwood products are milled from one thick piece of wood, which can be sanded and refinished numerous times. It offers flooring products made from more than 25 wood species, including b! oth domestic woods, such as ash, beech, birch, hickory, northern hard maple, northern red oak, pine and American wal nut, and exotic woods, such as bloodwood, cherry, cypress, e! bony, koa, mesquite, mahogany, rosewood and teak. Lumber Liquidators sells these products either prefinished or unfinished.

Engineered Hardwood

The Company's engineered hardwood products are produced by bonding a layer of hardwood to a plywood or fiber board backing. Its engineered hardwood floors are offered in domestic and exotic wood species, and in either glue down or floating application. All of its engineered hardwood products are prefinished. Engineered flooring is designed primarily to be installed in areas where hardwood is not conducive, such as slab construction, basements and areas where moisture may be a factor.

Laminates

Lumber Liquidators Holdings, Inc.'s laminate flooring is constructed with a fiber board core, inserted between a melamine laminate backing and photographic paper displaying an image of wood and a ceramic finish, abrasion-resistant laminate top. Its laminate flooring brands allow for easy -click installation, and some include a pre-glued undersurface, moisture repellent, soundproofing, single-strip format or a handscraped textured finish.

Moldings and Accessories

Lumber Liquidators offer a variety of wood flooring moldings and accessories. It sells stair treads and risers in both finished and unfinished versions. Accessories include underlayments that are placed between the new floor and the sub-floor, insulating sound and cushioning the floors. In addition, it sells installation supplies, such as sealers, adhesives and trowels, floor cleaning supplies, and butcher-block kitchen countertops.

Bamboo and Cork

The Company's bamboo products, harvested from the bamboo plant, are offered as a prefinished, natural or stained, solid or engineered floor. Its cork flooring is produced by harve! sting the! outer bark of the cork oak tree.

Advisors' Opinion:

• [By Demitrios Kalogeropoulos]

  The Tile Shop's (NASDAQ: TTS  ) shares fell 11% yesterday despite no news coming from the company. Instead, investors were spooked by a big profit warning from a seemingly unrelated retailer: Lumber Liquidators (NYSE: LL  ) . 

• [By Ben Levisohn]

  Lumber Liquidators (LL) found it a lot harder to liquidate its lumber during the second quarter–and its weakness is hitting shares of Home Depot (HD) and Lowe’s (LOW) today as well.

  Bloomberg News

  The reason: Lumber Liquidators said that second quarter earnings would come in between 59 cents and 61 cents a share, well below forecasts for 90 cents, as same-store sales fell 7.1%.

  Raymond James’ Budd Bugatch and team are “waiting for the dust to settle” at Lumber Liquidators:

  We felt like management spent its call trying to rationalize reasons for the weaker than expected results. After all, on its 1Q call, management exuded confidence that 1Q's results were totally weather related and that early order indications heading into the April sale gave it belief that consumers were ready to get back to work on delayed projects. As such, it left FY14 guidance intact. Now, management hypothesizes that the strong early 2Q orders and sales were, in fact, pent-up demand; but that the purchase cycle was interrupted by the bad weather. We are not convinced. While we are very respectful of the Lumber Liquidators business model (excellent operating and capital returns); it is a big-ticket business with attendant volatility. Management noted that the difference in 2Q sales between stores weather-affected (131) and those not (206) was "~1 transaction per store every other day." So, despite the attraction of the model, there are times when results can and will be different than expected, making it a challenging public equity. To us, this reinforces our value bi! as to buy! ing and owning Lumber Liquidators…

  For now, we are keeping our Underperform rating on Lumber Liquidators intact, waiting for the dust to settle after management's 2Q14 business update press release and late afternoon conference call.

  Deutsche Bank’s Mike Baker and Adam Sindler see tougher times ahead for Home Depot and Lowe’

• [By Ben Levisohn]

  Lumber Liquidators (LL) has plunged 21% to $55.51 after the retailer said customers weren’t coming into its stores and offered a second-quarter outlook that could only be described as terrible.

source from Top Stocks For 2015:http://www.topstocksblog.com/top-10-cheapest-stocks-to-buy-for-2015-2.html