5 Undervalued Cyclical Stocks for 2021

3. Lumber Liquidators Holdings, Inc. (NYSE: LL)

Number of Hedge Fund Holders: 17

Lumber Liquidators Holdings, Inc. (NYSE: LL) is a Virginia-based company that provides hardwood flooring and other related services in the United States. It was founded in 1994 and is placed third on our list of 12 undervalued cyclical stocks for 2021. Some of the services that the company offers include hardwood species, engineered hardwood, laminate, resilient vinyl, water-resistant vinyl plank, and porcelain tile flooring products. 

Lumber Liquidators Holdings, Inc. (NYSE: LL) has a market cap of over $719 million and posted annual revenue of $1.1 billion in 2020, up slightly from $1.09 billion posted the year before. The firm saw its share price jump more than 9% in November 2020 after it posted encouraging quarterly results despite the pandemic situation. 

Out of the hedge funds being tracked by Insider Monkey, New York-based investment firm DE Shaw is a leading shareholder in the firm with 895,094 shares worth more than $27 million.