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 > Don't Blame the Shorts

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Comment by newenergyguyon Nov 01, 2013 11:01pm

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Post# 21870405

RE:Don't Blame the Shorts

agreed. Static shorts, all structural. Very tough day for Cdn oil prices. If you're long light oil, this the name. PPS growth is well ahead growth peers and div paying co's that offer no growth and a 5-7% yield. Mng is acutely aware of risk adjusted returns after being punished for too much levergae in the past....expect Trent to manage as a steward for all.

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