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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 geraton Apr 10, 2012 11:28pm
425 Views
Post# 19778974

RE: Investing is dead

RE: Investing is dead

Juniors are volatile and not for everyone. I would hang tight.  Remember you own a portion of a set number of shares in a company that produces a tangible product. In my opinion this is far better than the risks of technology and many service based companies. And much better than a mutual fund that, once beaten down, will often become farthur diluted as more cheaper shares are issued making the recovery of the unit price more difficult.

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