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