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Joseph Lazzaro Return Risk +1.12% MID Tracked Blogger Profile & Performance Subscribe to author

Symbol Sentiment Start Return Closed II n/a WHR 10/29/09 -6.93% -- Via BloggingStocks:   Filed under: Stocks to Buy Talk about advances. Institutional investor (II) sentiment on Whirlpool Corp. (NYSE: WHR) has strengthened in-sync with the strengthening global economy, and that's why I'm reiterating my Buy rating for the appliance manufacturer, first recommended on April 13, 2009 at a price of $34.47. If you bought WHR in April, you're up a remarkable 111%. Whirlpool's pleasant growth story remains the same: emerging market sales, particularly in Latin America (20% of revenue), are sending growth signals; Europe and the U.S. may lag for 1-2 more quarters; the U.S. market looks like the major hurdle -- with household formation likely to remain sluggish into mid-2010. Overall, look for FY2010 revenue to increase 4-6%; in FY2011, WHR is likely to return to double-digit revenue growth. Continue reading Whirlpool is rising with the global economy Whirlpool is rising with the global economy originally appeared on BloggingStocks on Thu, 29 Oct 2009 18:40:00 EST. Please see our terms for use of feeds. Permalink | Email this | Comments   Read the rest of original post »

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