In the short-term TPX does not seem to be like a good trade. Ive been struggling with this stock lately. Some of my other trades have been from https://hotstocks123.blogspot.com which are working out pretty well.
Okay. Furniture sales are up in the last week. They will continue to be up as people are waiting for money to rebuild, etc. They all need mattresses. Not to mention sales were good before the storms.
600,000 people registered with FEMA for Harvey. Most of them will need a new mattress. Wet mattresses on the curb.
Overall I think we will see upside for TPX in the short-term. Perhaps a pullback next day or so could occur I suppose but are yall also seeing a further leg higher? the other week Awe-Som.e.Sto-cks. alerted this company i think. google them .
Surprized this stock is down today when there will be MULTI thousands of mattresses that will be replaced after this weeks Hurricane Harvey?
if I had $ I would buy TPX, I also would invest in Car Companies as todays cars are so electronically sensitive to flood damage.
I own neither.
TPX has just seen the last of the selling. Looks like a potential push higher is in store. This is so frustrating trying to find trade ideas. I've subscribed to some email newsletters which helps me with new stock ideas. awe-som*sto-cks is the one i like best.
There's a rumor out there that Tempur is exploring the idea of acquiring Sleep Number. Not sure if I see the synergy in that.
64$++ easy for tomorrow!!
I called it. That's what I saw first hand being in the industry.... good job TPX
As I said, sales are up. Stock is up
The GENIUS says......this stock heading south Mattress Form is a big cumpanuy and they didn't want it....
The sales are over at MF--they are screwed as traffic will drop. Sealy is the number one mattress in the U.S.and orders are pouring from Costco, Department stores and independent retailers. They are filling the void left by MF. In the face of massive sales at MF, TPX orders are up dramatically. TPX sales will rusume pre MF sales levels and with much higher margins. They should not return to MF.
If they didnt raise guidance based on those huge percentage increases....then their saving it for earnings because this will most definitely be a beat and raise quarter. Considering the summer is the best time to own this stock, EPS will kill it this quarter, and its cheap.....Strongest of all strong buys! Not a rookie and kinda know what I'm doing. Double your money in three months...watch
At a price like this with such performance, take over is highly possible.
Yahoo Finance Insights
TPX is up 6.43% to 51.00
being in the industry from what I see, SEALY, Stearns, and Tempur are all doing well. Business is strong and should be going up in the next QTR.
They can't make the Stearns and Foster fast enough at Roomstogo. Selling very well. 2 week wait for new Mattress while they ramp up production.
I own the top of the line mattress from them and it worth every penny of it. Those guys have the best technology for critical human need , i.e SLEEP
Stearns and foster, sealy are flying off the shelves and Tempur has their own upper scale customer
A Director, Usman Nabi, and a Major Shareholder, Rehan Jeffery, just purchased 610,000 each for a total of 1,220,000 shares valued at $58,926,894. Does anyone think there's something to this???