Whirlpool Stock is a Buy If You Know What You Own

whirlpool stock is a buy if you know what you own

Sumary of Whirlpool Stock is a Buy If You Know What You Own:

  • Whirlpool stock is dropping the day after the company reported strong earnings.
  • However, while some may cite softer-than-expected home sales numbers,.
  • Just after the market opened, investors got the June home sales numbers.
  • Of course, appliance sales were strong during the pandemic as millions of Americans refinanced their homes in order to undertake significant remodeling projects.
  • For its part, Whirlpool is planning on strong revenue for the remainder of the year.
  • One of the obvious impacts in raw material costs comes from the price of steel.
  • The trend towards stainless steel appliances remains strong.
  • But as appliances are becoming more connected, the global chip shortage has been disruptive to the company’s supply chain as well.

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