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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 justuseron Jul 25, 2012 4:38pm
211 Views
Post# 20152030

RE: RE: RE: RE: Looks Like Oil Down Today

RE: RE: RE: RE: Looks Like Oil Down Today

I traded some ARX for LEG and regret now. Pretty much same result in trading but thought that there is better potential in LEG. Unfortunately market keeps receiving bad news after bad. I guess no-one is expecting good economic news need to falsify it to be decent. LEG is holding good but there is huge risk that European “leaders” will do nothing with their socialism and it will start falling apart. I doubt LEG is taking off before systemic risk is reduced. Trading range or go down is more likely in the near future. ARX on the other hand is more local with stable divs and NG that seems to be in favour due to no worldwide exposure.

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