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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 ngaralaon Mar 26, 2014 4:58pm
182 Views
Post# 22372188

RE:Interesting Day - Part 2

RE:Interesting Day - Part 2I have all $7 July calls. My thesis is that this stock will hit $8 in the summer based on the following: 1) Q1 CDN O&G earnings momentum will be strong as Q1/2012 was comparatively weak. 2) Chart looks very strong with a golden cross happening just a couple of days ago. 3) Property sell of some sort. (Note, I don't believe management necessarily wants to do this, but they got to throw investors/analysts something. 4) Keystone being approved. This has nothing to do with LEG per se, but investor sentiment, particularly US, will change. Should affect multiples. 5) Some other surprise before the Investor Meeting. Trent definitely seemed aware that investors are getting a ticked off. ng
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