Purchase Details
Company: | Lumber Liquidators |
Ticker: | LL |
Yahoo Beta: | 2.64 |
Industry: | Home improvment retail |
Company Description: Lumber Liquidators sells flooring and related products to retail customers.
Purchase Date: | 02 Dec 2020 |
Purchase Price: | $28.16 |
--Split Adjusted: | $28.16 |
Shares Purchased: | 200 |
--Split Adjusted: | 200 |
Transaction Fee: | $0.00 |
Price Range (6 Months Prior): | |
High | $30.70 |
Date | 24 Nov 2020 |
Low | $10.34 |
Date | 02 Jun 2020 |
S&P (Purchase Date): | $3,699.01 |
Timing: We bought a bit below the six month high. |
Reason: Lumber Liquidators is still depressed from a past incident in which the company sold engineered hardwood floors manufactured in China that contained dangerous levels of formaldehyde. The company has an excellent product at an attractive price and is growing rapidly. Interest in home ownership has grown dramatically as a result of COVID-19, and we anticipate that LL will grow driven by demand for home improvement. |
Total Spent: $5,632.00