Don't Sleep on This Chance in 2021 💤

After the pandemic triggered a boom in mattress sales, revenue for this company soared. [Profit Trends]( SPONSORED [[NEW] Matthew Carr's Big Prediction]( [MC Striped Tie]( "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 [Matthew Carr] 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. [Mattress Makers Performance] 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](. [Purple Mattress Image] 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 Innovation Revenue] 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]( [Facebook]( [Twitter]( [Twitter]( [Email Share](mailto:?subject=A%20great%20piece%20from%20Profit%20Trends...&body=From%20Profit%20Trends:%0D%0A%0D%0AAfter%20the%20pandemic%20triggered%20a%20boom%20in%20mattress%20sales,%20revenue%20for%20this%20company%20soared.%0D%0A%0D [Email Share](mailto:?subject=A%20great%20piece%20from%20Profit%20Trends...&body=From%20Profit%20Trends:%0D%0A%0D%0AAfter%20the%20pandemic%20triggered%20a%20boom%20in%20mattress%20sales,%20revenue%20for%20this%20company%20soared.%0D%0A%0D SPONSORED [$3 SuperStock and Trump]( [Trump Giving Thumbs Up]( This ultra-cheap stock has Wall Street drooling... 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