Leggett & Platt: This Cigar Butt Doesn't Offer Enough Puffs (Downgrade)
Source: SeekingAlpha
2026-02-13 12:07:40 ET
I believe many are familiar with the term Cigar Butt, which was one of the strategies Warren Buffett used in the past, but I will explain it briefly for those who are not familiar with it. Basically, it is an analogy to a cigar that still has a few final puffs left and is not yet at the end, that is, referring to extremely cheap companies that no one wants but that still have some potential to provide a return....
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Leggett & Platt: This Cigar Butt Doesn't Offer Enough Puffs (Downgrade)
Silicon Graphics International Corp
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