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.

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Leggett & Platt Inc

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Post by valueplaysonlyon Jun 19, 2013 8:46pm

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Post# 21551534

Tropical Storm Barry in Mexico

Nothing big so far but already two tropical storms at the start of the season. The more important thing is that the Atlantic is super hot right now and we are still 4 weeks away from the start of the summer.

When I look at summer driving demand, an improved economy, and hurricanes affecting supply via shutting in Gulf Production, Mid East tensions , and a US dollar sell-off ...... I see a perfect storm for increased prices for both oil and gas and some real upside to LEG.

Temperatures tomorrow, expected to heat up alot the next two weeks.

https://www.intellicast.com/National/Temperature/HighTomorrow.aspx