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5 Stocks to Take Profits on Now

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Lumber Liquidators

LumberLiquidators185 5 Stocks to Take Profits on NowLumber Liquidators (NYSE:LL) — a specialty retailer for hardwood flooring — isn’t your typical growth stock. Its gains — roughly 140% this year — are pretty atypical, too.

LL has been helped by a turnaround in the residential real estate business, as well as the growing popularity of hardwood floors for their look and durability.

But Home Depot (NYSE:HD) and Lowe’s (NYSE:LOW) are elbowing into the space. And like Mellanox, trailing and forward P/Es of 34 and 24 are a bit on the steep side, too. With LL frequently setting all-time highs, it might be time to collect a little money in case the company gets tripped up.


Article printed from InvestorPlace Media, http://investorplace.com/2012/08/5-stocks-to-take-profits-on-now/.

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