Why I'm Buying Shares of Tempur-Pedic
The following video is part of our "Motley Fool Conversations" series, in which senior analyst Anand Chokkavelu, CFA, discusses topics around the investing world.
Tempur-Pedic shares have been on a wild ride in 2012, with shares rising steadily until its mid-April earnings announcement. Shares are down 44% since. Believe it or not, the earnings announcement was strong, and guidance for the year was unchanged. Anand explains why his bullish outlook on Tempur-Pedic's business also remains unchanged and why he's buying shares of Tempur-Pedic in his real-money portfolio.
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At the time this article was published Anand Chokkavelu, CFA, owns shares of Tempur-Pedic International. The Motley Fool has no positions in the stocks mentioned above. Try any of our Foolish newsletter servicesfree for 30 days. We Fools don't all hold the same opinions, but we all believe thatconsidering a diverse range of insightsmakes us better investors. The Motley Fool has adisclosure policy.
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