Is Leggett & Platt, Incorporated (LEG) the Best Nickel Stock to Invest in? [Yahoo! Finance]
Leggett & Platt, Incorporated (LEG)
Last leggett & platt, incorporated earnings: 2/3 04:20 pm
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Source: Yahoo! Finance
Leggett & Platt, Incorporated (NYSE:LEG) stands against other best nickel stocks to invest in. Investing News Network highlighted that Nickel witnessed strong price momentum in H1 of the year as the prices took support from investor sentiment and speculation throughout commodity markets which saw a surge in prices for precious and base metals. Nickel prices remained volatile during Q3 2024 due to market speculation, Chinese stimulus, and oversupply. Among the contributing factors was the supply of laterite nickel out of Indonesia, which led to mine curtailments in New Caledonia, Australia, and Europe. Furthermore, the increased demand for battery production in China is yet to reach the levels required to make up for the increased supply. Despite the EV sector in China showing a YoY increase of 32% during the first 9 months of 2024, the industry's nickel demand was not able to make up for shortcomings in the broader economy. Nickel remains a critical component in NMC (nickel-mang
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LEG
News
- Three Reasons Why LEG is Risky and One Stock to Buy Instead [Yahoo! Finance]Yahoo! Finance
- Bullish Leggett & Platt Insiders Loaded Up On US$773.4k Of Stock [Yahoo! Finance]Yahoo! Finance
- LEGGETT & PLATT ANNOUNCES QUARTERLY DIVIDEND OF $.05PR Newswire
- MSSU to host third annual Business Gateway competition [Yahoo! Finance]Yahoo! Finance
- Leggett & Platt, Incorporated (NYSE: LEG) was upgraded by analysts at Piper Sandler from an "underweight" rating to a "neutral" rating. They now have a $13.00 price target on the stock, up previously from $11.00.MarketBeat
LEG
Earnings
- 10/28/24 - Miss
LEG
Sec Filings
- 11/21/24 - Form S-8
- 11/18/24 - Form 4
- 11/18/24 - Form 4
- LEG's page on the SEC website