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Leggett & Platt Inc T.LEG


Primary Symbol: LEG

Consumer Cyclical
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

Leggett & Platt Inc
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Post by AHybridofStreetandStocksmartson Oct 16, 2012 11:14am
481 Views
Post# 20488538

Legacy is Like a Ferrari with two flat tires...

Legacy is Like a Ferrari with two flat tires...

Legacy is organically growing and has a lot rserves that are unaccounted for.   Legacy is very conservatively priced given worst case scenarios.  If nothing goes wrong, the stock could jump to $20, has a better upside than Crescent point.  They are both takeove candidates.

In the analogy above, would you buy a Ferrari for 50% discount becasuse it has two flat tires?

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