Sign In  |  Register  |  About Sunnyvale  |  Contact Us

Sunnyvale, CA
September 01, 2020 10:10am
7-Day Forecast | Traffic
  • Search Hotels in Sunnyvale

  • CHECK-IN:
  • CHECK-OUT:
  • ROOMS:

World Sleep Day: Top three beds and bedding stocks you shouldn’t snooze on

By: Invezz
Top three World Sleep Day stocks

You may not have known it, but today is World Sleep Day – an international reminder of the importance of good sleep for both physical and mental health.

Financially, the world of sleep health is doing very well too. All sorts of stocks, from beds and bedding to sleepwear and more, have found a new lease on life in a post-Covid world that takes self-care more seriously.  

Here, the top World Sleep Day stocks not to sleep on:

  1. Tempur Sealy International
  2. Welspun Living Ltd
  3. AEO Management Co
Tempur Sealy International Inc

This company is the king of mattress makers, thanks to a 2012 merger between Sealy and Tempur-Pedic, the two biggest bed brands in the world.

Market share when it comes to sleeping has been dominated by Tempur Sealy and Serta Simmons Bedding. But where Serta Simmons has had a troubled history of bankruptcy before being bought out in 2023, Tempur Sealy has had no such sleepless nights.

In fact, Tempur Sealy’s share price is up 44.41% in the past year, 9.73% this year to date, and a whopping 284% in past 5 years.

Welspun Living Ltd

The first thing you may think of when it comes to ‘sleep stocks’ may be beds themselves, but bedding and linens are just as important.

In fact, according to Global Market Insights, the bed linen market in the US alone is expected to be worth over $35 billion by 2028.

And when discussing sheeting and linen, one can’t not talk about Welspun Living Limited.

Previously named Welspun India Limited, the company is an Indian textile manufacturing company which specialises in multiple materials – most especially cotton and linen bedding, towels and rugs.

Welspun is a dependable company that has been going for close to 40 years, and it has the share price to match.

Welspun Living Ltd stock is up 132% in the past year, 3.47% of which is this year to date, and almost 149% in the past five years.

AEO Management Co

AEO Management Co is the parent of popular apparel company American Eagle Outfitters Inc. Hear us out – the company is making a fortune on its sleepwear and loungewear items.

American Eagle also has a dividend of $0.13, which is a respectable dividend yield of 2.17%.

Its stock price has also gained more than 80% in the past year, 15% of that in the past three months and 9% of which is in 2024 alone.

While it’s no Apple or Tesla, American Eagle Outfitters offer comfy loungewear and sleepwear – plain and simple. Compare that to Victoria’s Secret & Co, whose stock price is down 30% this YTD and 55% in the past 5 years.

The post World Sleep Day: Top three beds and bedding stocks you shouldn’t snooze on appeared first on Invezz

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
 
 
Copyright © 2010-2020 Sunnyvale.com & California Media Partners, LLC. All rights reserved.