Leggett & Platt, Inc. (LEG) Sees Hammer Chart Pattern: Time to Buy? - Tale of the Tape
Leggett & Platt, Inc. (
been struggling lately, but the selling pressure may be coming to
an end soon. That is because
recently saw a Hammer Chart Pattern which can signal that the
stock is nearing a bottom.
Plus, earnings estimates have been rising for this company, even despite the sluggish trading lately. Estimates have actually risen so much that the stock now has a Zacks Rank #2 (Buy) suggesting this relatively unloved stock could be due for a breakout soon.
LEGGETT & PLATT (LEG): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research