Is Whirlpool Undervalued?

Filed under: Stocks to Buy

If you took advantage, as outlined, of Whirlpool Corporation's (WHR) autumn dip, to scoop-up some shares, you made the correct move.



Appliance manufacturer extraordinary Whirlpool, first discussed here on March 13, 2009 at a price of $34.47, over-corrected this summer, formed a bear-hug, and bottomed at/near $69.50, slightly below the expected $71 bottom.



Look for WHR to generate a 4-6% revenue increase in 2011, after a likely 5-7% revenue rise in 2010, led by strong demand for kitchen and laundry appliances in emerging markets. Latin America sales (especially Brazil) should be particularly strong -- rising better than 10% in 2011 and 2012. U.S. sales should continue to gain momentum in 2011, with a 2-4% rise expected.

Continue reading Is Whirlpool Undervalued?

Is Whirlpool Undervalued? originally appeared on BloggingStocks on Mon, 07 Feb 2011 16:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments

Full story at http://www.pheedcontent.com/click.phdo?i=fc54eb952edbfd5eb673c57aebf3dc62