Whirlpool is a bargain

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Trading on only 11 times current year forecasts Whirlpool (WHR) is a bargain.  It has grown EPS annually by 19% over the past 5 years and annual growth forecasts of 13.3% look very achievable.  As the biggest manufacturer of appliances in the US, WHR is well placed to benefit from a booming housing market and March figures, just released, show house sales up 9%.   A multiple of 15 times current earnings at $233 would provide upside of over 37% to Thursdays close. 

Risk Disclaimer: This article does not constitute a recommendation to buy or sell. Investing in stocks or other securities and derivatives is a high-risk activity and not suitable for everyone. It is strongly recommended that individuals should consult with a SEC-registered investment adviser prior to making any investment decisions.

Disclosure: The author holds no positions in any of the stocks mentioned nor has any intentions to initiate any in the next 72 hours.

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