Who doesn’t like good sleep? Tempur Sealy International provides consumers with this possibility by developing, manufacturing, marketing, and distributing bedding products.
Its products include mattresses, adjustable bases, pillows, and other products, and includes brands such as Tempur, Tempur-Pedic, and Sealy.
Due to its strong line of products and cheap valuation, we are bullish on the stock.
TPX currently sits at a trendline resistance around 32.9, falling from highs of around 50. This has left it with a gap in its chart (around 36), and gaps tend to get filled eventually. It can even eventually make new highs as it is a profitable and growing company with a low valuation. We are scaling into it slowly (cost basis 32.39).
Check out our newest post on it below to see why we like it!