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Wednesday, April 6, 2011

The Bumpy Ride Continues with Whirlpool

Filed under:

Place Whirlpool Corporation (WHR), first discussed here on March 13, 2009 at a price of $34.47, in the not-for-squeamish-investors category.



Appliance manufacturer extraordinaire Whirlpool's stock over-corrected last summer, formed a bear-hug, bottomed at/near $69.50, then recovered to about $90 during the winter -- before recently sliding back to $84. Translation: a roller-coaster -- something that one generally does not see with an industrial player. Even so, I still like WHR here. But hold on to your hat if you own the shares -- the bumpiness could continue in 2011.



And if you haven't already, consider taking some provides off the table with WHR, if you're in at/near $34.50.

Continue reading The Bumpy Ride Continues with Whirlpool

The Bumpy Ride Continues with Whirlpool originally appeared on BloggingStocks on Tue, 05 Apr 2011 17:30:00 EST. Please see our terms for use of feeds.

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