Topic: Growth Stocks

TEMPUR SEALY $58.80 – New York symbol TPX

TEMPUR SEALY $58.80 (New York symbol TPX; TSINetwork Rating: Speculative)(800-878-8889; www.tempursealy.com; Shares outstanding: 61.0 million; Market cap: $3.5 billion; No dividends paid) continues to fend off attempts by activist investor H Partners Management to replace the company’s CEO.

H Partners, which owns 10% of Tempur Sealy’s shares, is best known for taking part in the turnaround of theme-park operator Six Flags Entertainment between 2010 and 2013. H Partners believes Tempur Sealy has performed poorly compared to other mattress makers since its 2013 purchase of Sealy Corp.

Whatever the outcome of H Partners’ investment, the activist investor’s involvement should draw attention to Tempur Sealy’s growth prospects.

Tempur Sealy is still a hold.

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