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FBN’s Charles Payne on the impact of the rise in first-time home buyers on furniture and mattress companies.
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And we know Giles this -- only so much from making money you have child home -- Renault picking up according TV.
National Association of Realtors and child's -- here to tell us out so late Monday that.
There was a lot of great great news and that from home prices and things like that in on the have already come on I've done homes I've done homebuilders are -- -- -- a lot of other things -- I still wanna define an angle for you guys so.
I picked -- on the first time homebuyers thing is center just had a real good hit about the same source story she talked about some other things.
It's first time homebuyers thirty -- percent of the total from 33 from 32% obviously.
We needed north of 40% but heading in the right direction right so at first time homebuyers are out there.
What do they need Tracy.
Actually a bond give -- dilemma okay.
The topic lot of things that he had me when you get a new place starting a number of five point and chest of drawers -- Okay.
A cat's back blacked out step.
Number three.
-- years decade and Canada but OK I'll have dining chairs and obviously number two it'd be able right now before put this up a -- -- all.
Brendan.
Number one -- people wanted to get a new place ahead.
It's not -- bar and batten -- wet bed mattress odd media yeah.
And I guess comes -- a place I've I've seen him actually made a bad though of course need to bet you need a mattress stock I think might be an interest in play -- called mattress firm now.
It's on in the public -- short period of time so sure they've reported only one time when they did report though.
They had 63 cents a streams look at the like sensitivity -- -- nineteen since the global way the stock exploded.
But then a couple of their rivals have bad news so the stock is down dramatically.
From its recent high you can see words words come down here a lot.
I'm thinking maybe it's oversold here -- -- by 231%.
But there's a 28% short position this stock when they were going next probably looming the -- big move but.
If you're working along this logic -- you don't want at least by yet certainly this is a stock you put and you start to watch because again.
You know what people -- the you know you'd sure -- -- by the Manitoba council have to fill up especially those for some moment La-Z-Boy doing great and of course you know the bar was number six years.
But that that that you think that -- on the bar can't seriously bothering I've slept when their credit.
Actually yeah.
It's too expensive those Tempur-Pedic Dolores Obama it is -- expensive for the first time home buyer yeah -- time exactly oh my god.
I'm gonna get out of college.
You might remember that bond.
Tells that you and that's what initiated you know it's it's more comfortable than most --
