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 > Outside view

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Comment by wilwalon May 26, 2015 9:26pm

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Post# 23767493

RE:RE:Outside view

Hey DueDill. Yes, that is my current thesis. $75 oil or less forever (in our lifetime) due to fracking and the prospect of lower fracking costs in the future. Shale is not just Bakken and Eagle Ford....shale is all over the world and oil companies are tracking it all down right now as we speak.

I would be most interested in hearing your view particularly if you have a different viewpoint.

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