If you have been following my recent articles, you will see a trend - I have been looking at derivative plays on the US housing market, especially in the last few weeks as worries over mortgage rates have contracted the multiples on most of these names (which I believe is overdone considering that mortgage rates, taking the long view, are still on the low end and this recent increase in rates will have minimal impact to the long-term trend in home sales). If you read my articles, you will also notice that I am a fan of the PEG Ratio. Mattress Firm Holding Corp. (MFRM), the nation's largest mattress retailer, fits both of these plays.
The company's management...
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