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Whirlpool knows emerging markets are appliances' new frontier

 Aug 11, 2009 10:00 PM UTC
Return Risk
+1.61% MID
Tracked Blogger
Symbol Sentiment Start Return Closed
WHR Positive 08/11/09 +27.73% 10/29/09

Graphic_arrow1 Via BloggingStocks:  

Filed under: Stocks to Buy

I'm Reiterating my Buy rating for Whirlpool (NYSE: WHR), first recommended on April 13, 2009 at a price of $34.47.

If you managed to Buy WHR in April you're up a gargantuan 69%. Whirlpool's shares are a tad overvalued right now, but that does not change the growth story. Emerging market sales, particularly in Latin America, are sending signals of increased demand for appliances; Europe and the U.S. sales may lag for 2-3 more quarters.

Continue reading Whirlpool knows emerging markets are appliances' new frontier

Whirlpool knows emerging markets are appliances' new frontier originally appeared on BloggingStocks on Tue, 11 Aug 2009 17:00:00 EST. Please see our terms for use of feeds.

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