Don't Sleep on This Chance in 2021 💤

After the pandemic triggered a boom in mattress sales, revenue for this company soared. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ 

SPONSORED [NEW] Matthew Carr's Big Prediction "I made this video because I see a MASSIVE paradigm shift taking place in the next few weeks, and I want to make sure our readers are prepared for it," says Matthew. This shift could help save 1 million lives a year, bulletproof our economy against another $8 trillion financial crisis and create BILLIONS in new wealth. Matthew's going live with a big prediction that could change your financial future forever. See Matthew's prediction right here. MARKET TRENDS Why Investors Shouldn't Sleep on This Comfy Opportunity in 2021 Matthew Carr | Chief Trends Strategist | The Oxford Club We've all been in quarantine for months now. Many of us have been secluded in our homes and stuck in virtual meetings, dressed professionally from the waist up. To pass the time, a lot of people have taken on home projects and improved their decor. And one of the most popular areas to redo is the bedroom. I honestly never would have expected it, but the pandemic triggered a boom in mattress sales. And since those March 2020 lows, one of the most profitable plays for investors has been to ride this comfy shock wave higher. Shares of The Lovesac Company (Nasdaq: LOVE) - the manufacturer of "sactionals" - have risen more than 675%. Shares of Casper Sleep (NYSE: CSPR) have nearly doubled from their lows. And shares of Sleep Number (Nasdaq: SNBR) have rallied more than 303%. Again, these aren't flashy Silicon Valley stocks... These are mattress-makers and furniture manufacturers. But it's exciting because there doesn't seem to be a slowdown in sight. And that means plenty more upside for one of my favorite players in the sector: Purple Innovation (Nasdaq: PRPL). The company designs and manufactures mattresses, pillows and cushions. SPONSORED Look at What Obama Is Up to Now! On March 17, 2021, Obama will get his last laugh. That's when a group of his hand-picked cronies may single-handedly bring this market to a sudden and destructive end. To continue reading, click here.   It also offers mattress protectors, sheets, platform bases, seat cushions and a number of other products for consumers to feel cozy in their beds. Now, there's one thing I've always admired about Purple - it works tirelessly on brand recognition. Without a doubt, you've probably seen its commercials on TV or while streaming shows. And this approach is paying off. Because business is far from sleepy for this mattress-maker. Purple's third quarter revenue jumped 59.4% to $187.1 million. And its direct-to-consumer revenue, which comes from consumers bypassing showrooms and buying online, surged 97.5%. Purple's run isn't expected to slow down. Fourth quarter revenue is projected to jump more than 57% to $196 million. Plus, earnings per share for the quarter are expected to dramatically improve from a loss of $0.26 to a gain of $0.11. So not only are sales popping, but we're also seeing Purple's profits soar. In fact, when the books are closed on 2020, we should see a tremendous turnaround from the 2019 losses of $0.36 per share to a gain of $0.64 per share. And this momentum will carry through this year as well. Earnings are modeled to top $0.96 per share as revenue swells 23.4% to more than $827 million. For comparison, Sleep Number is expected to see 2021 revenue inch 4% higher to $1.91 billion. Casper's revenue is projected to grow less than 20% to $581 million. And Lovesac's sales are forecast to increase 23% to $380 million. Purple is not as big as Sleep Number. But its revenue increases are leading the pack. And that's why I like this company as a comfy play for growth in 2021. Here's to high returns, Matthew Leave a Comment MORE FROM PROFIT TRENDS How to Identify the Big Tech Names of Tomorrow Corporate America Goes All-In on Renewable Energy Play Retail's Recovery With Shares of This Security and Transportation Company Facebook Twitter Email Share SPONSORED $3 SuperStock and Trump This ultra-cheap stock has Wall Street drooling... And is attracting billions in investments... And for good reason, as Trump could help launch this $3 SuperStock to the moon. See how you could profit before the news gets out. You are receiving this email because you subscribed to Profit Trends. Profit Trends is published by The Oxford Club. Ready to start investing? Click here now. Questions? Check out our FAQs. Trying to reach us? Contact us here. Please do not reply to this email as it goes to an unmonitored inbox. 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