#3 - Whirlpool (NYSE:WHR)
Whirlpool (NYSE: WHR) - Whirlpool is an international company that continues to have strong roots in the United States. In 2007, the company completed a merger with Maytag Corporation that brought the iconic Maytag and Jenn-Air brands into the company’s portfolio. And the company is also the parent company for the KitchenAid brand. With their iconic stand mixer that continues to be manufactured in Ohio, the KitchenAid brand is known for its quality and reliability. The company was one of the initial losers in the initial tariff disputes as the company had to absorb higher steel costs for its popular stainless steel appliances. That being said, there is still a market for stainless steel appliances and the company has seemed to weather that storm. It has taken some hits on the international front, most notably a dryer recall in the United Kingdom. However, if properly managed, the public relations damage from that recall should be minimal. Year-over-year, the stock has been flat, but – like Deere – it has been surging since the beginning of 2019.
About Whirlpool
Whirlpool Corporation manufactures and markets home appliances and related products and services in the North America, Europe, the Middle East, Africa, Latin America, and Asia. The company's principal products include refrigerators, freezers, ice makers, and refrigerator water filters; laundry appliances, and commercial laundry products and related laundry accessories; cooking and other small domestic appliances; and dishwasher appliances and related accessories, as well as mixers.
Read More - Current Price
- $114.51
- Consensus Rating
- Reduce
- Ratings Breakdown
- 1 Buy Ratings, 1 Hold Ratings, 2 Sell Ratings.
- Consensus Price Target
- $106.50 (7.0% Downside)
