Select Comfort Shares Tank: Is It Time to Invest?http://www.fool.com/investing/general/2013/01/28/select-comfort-is-a-strong-buy-on-the-dip.aspx Michael B. Lewis
January 28, 2013
Typically, it's the disruptive tech stocks that swing like Tarzan on the exchanges, but for whatever reason, mattress companies do the same thing. It would appear that mattress manufacturing and selling is a rather boring, stable business, but if you take a look at the charts for the top companies, they look like a panoramic photo of the Himalayas. For this earnings season, two of the hottest mattress sellers both saw top lines soar, but while one's stock followed suit, the other one crashed. What happened with Select Comfort (NASDAQ: SCSS), and should investors be worried?
The company is also in the midst of overhauling product lines and attempting to appeal to a larger customer base. This means heavy research and development expens