This Ridiculously Cheap Warren Buffett Stock Could Make You Rich
Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) CEO Warren Buffett became famous for scoring outsized gains for his holding company in numerous stocks. American Express and Coca-Cola are just two names that have earned Berkshire and Buffett outsized returns over the decades.
A name investors may want to watch going forward is Floor & Decor Holdings (NYSE: FND). The Atlanta-based flooring specialist and retailer has offered more selection in its hardwood flooring specialization. Considering its long history of massive sales growth and continued expansion across the U.S., Floor & Decor is shaping up to be a Warren Buffett investment that delivers outsized returns over time.
Floor & Decor may seem like an unusual pick for Buffett. Since it only sells hard flooring, it may appear overly specialized. Moreover, its market cap is only $7 billion. This means that it is easily dwarfed by its large-cap competitors, Home Depot and Lowe's.
Source Fool.com
