The Motley Fool, a private financial and investment advice company, recently hailed Floor & Decor as a “ridiculously cheap” stock that “could help make you richer.”
Floor & Decor has a 4.8 million-share stake valued at $534 million. Warren Buffett’s Berkshire Hathaway has a stake in Floor & Decor, which has helped raise its profile, according to The Motley Fool’s analysis.
“Floor & Decor enjoys unique competitive advantages within the hard-surface flooring retail industry that its giant competitors could only dream of having,” The Motley Fool stated. “Home Depot and Lowe's each offer two or three aisles at most for hard-surface flooring products. If customers go to these stores first and can't find what they're looking for, they'll almost certainly visit Floor & Decor.”
