Why I'm Not Jumping Into Leggett & Platt After Q1 Earnings

Since my last analysis , Leggett & Platt (NYSE: LEG ) stock is down -23.5%, already taking into account dividends and the more than 30% bounce that LEG stock posted today after strong Q1 earnings. Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alp ...