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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 retiredcfon Jul 24, 2013 7:29am
445 Views
Post# 21626541

RE:Top Pick

RE:Top PickHere's the link and his comments. GLTA


https://watch.bnn.ca/#clip970606
2013-07-23 TOP PICK Bruce Campbell

Light oil in Alberta and Saskatchewan, a Bakken play mostly. Other companies have turned to a dividend model. This one was considering it but believes they are now saying they are going to stay a growth. Recycle ratio is 2X, which means that every $1 they get out of the ground, they make into $2. Looks like their production growth per share is about 11%. Feels that if they get to an average valuation with 11% growth the stock could be $9 one year out.


Price:
$6.240
Subject:
CANADIAN LARGE
Bias:
BULLISH on CANADIAN MARKET
Owned:
Yes
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