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Leggett & Platt Inc T.LEG


Primary Symbol: LEG

Leggett & Platt, Incorporated is a manufacturer that conceives, designs, and produces a range of engineered components and products found in many homes and automobiles. The Company’s segments include Bedding Products, Specialized Products and Furniture, Flooring & Textile Products. Bedding Products segment supplies a variety of components and machinery used by bedding manufacturers in the production and assembly of their finished products, as well as produces private label finished mattresses for bedding brands. Specialized Products segment supplies lumbar support systems, seat suspension systems, motors and actuators, and control cables used by automotive manufacturers. It also produces and distribute tubing and tube assemblies for the aerospace industry and engineered hydraulic cylinders used in the material-handling and construction industries. Furniture, Flooring & Textile Products segment supplies a range of components for residential and work furniture manufacturers.


NYSE:LEG - Post by User

Comment by eebleron Dec 01, 2011 10:37am
421 Views
Post# 19282807

RE: Big up day!

RE: Big up day!Part of that is just a technical bounce after having cleared the 50-day moving average, part is a chart-pattern confirmation in that LEG has broken above the recent downtrend price channel, and some is probably due to the fact that even though the analyst on BNN Marketcall last night (Eric Nuttall) didn't make it a Top Pick, he talked it up enough to make it clear that it is a top pick in his mind.  Only his compliance guys at the office stopped him from making it a top pick.  He projected a number of significant near-term catalysts.  I think is was the 2nd or 3rd caller so you can go to the video snippets and should be able to find it in the first segment of the show.

eebler
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