Opinions
Gordon Reid
Tempur Pedic International
TPX-N
PAST TOP PICK
Nov 23, 2011
Dec 15,2010 recommended at 35.78 now at $54.35 gain of 51.9%
Makes mattresses, technology developed by Nasa.
Have spent money on advertising which has paid off.
$53.170
Stock price when the opinion was issued
Consumer Products
It's the ideal tool to help you make quicker, more informed decisions for
managing and tracking your investments.
You might be interested:
TOP PICK
Leading manufacturer of non-coil mattresses. Stock reacted poorly to its recent earnings report. Company met consensus estimates, guided in line but this company has historically raised guidance every time they issue a quarterly report and when they didn't do it this time, it caused the sellers to come out. Announced a discount on one of their mattress lines which concerned people about possible competition. Looking at $4 in earnings this year and $4.75 next year.
Consumer Products
TOP PICK
Has just bought their largest competitor, Sealey, which is complementary as they had different types of products, distribution channels, geographic profile and it will be very accretive to earnings. Offers exposure to a recovering US housing market. At the beginning of the year was trading at 22-23 times earnings and then reported 2 lacklustre quarters and is now trading at 12X earnings. Good business.
Consumer Products
Advertising