The Recent Developments Make Whirlpool More Attractive (Rating Upgrade)

Bela Lakos
1.34K Followers

Summary

  • Whirlpool Corporation is a global leader in home appliance manufacturing with a diverse product portfolio.
  • The company has faced macroeconomic challenges and poor financial performance in recent years.
  • I reassess the previous "hold" rating based on the company's latest quarterly report, valuation, and return to shareholders.
Clean laundry basket over the washing machine. Low level angle.

Osvaldo Maldonado/iStock via Getty Images

Whirlpool Corporation (NYSE:WHR) is one of the most well-known brands among household appliances. From fridges through washers and dryers to ice makers, WHR manufactures and sells a wide variety of products.

We have already published three articles about WHR and

This article was written by

1.34K Followers
Petroleum engineer with an enthusiasm for investing, accounting and personal finances.

Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Past performance is not an indicator of future performance. This post is illustrative and educational and is not a specific offer of products or services or financial advice. Information in this article is not an offer to buy or sell, or a solicitation of any offer to buy or sell the securities mentioned herein. Information presented is believed to be factual and up-to-date, but we do not guarantee its accuracy and it should not be regarded as a complete analysis of the subjects discussed. Expressions of opinion reflect the judgment of the authors as of the date of publication and are subject to change. This article has been co-authored by Mark Lakos.

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