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 > Shareholders will reject

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Comment by kerrdbon May 27, 2015 12:20pm

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Post# 23769777

RE:RE:RE:Shareholders will reject

yes a risk but making about $30k/mth taking risks. I knew company was going to be sold so took the risk on maybe huge upside. Oil is up and down. Now is the time to buy as companies are at a 70% discount to where they were last year at this time. Stocks will recover as they always do.

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