Why Whirlpool Stock Rose 16% in March
The appliance giant should get a sales boost from a new round of federal stimulus payments.
Manufacturer and marketer of major home appliances. Principal products are home laundry appliances, home refrigerator and freezers, home cooking appliances, home dishwashers, room air-conditioner, and mixers and other small household appliances.
The appliance giant should get a sales boost from a new round of federal stimulus payments.
Earnings beat, and investors sold. Wait. What?
WHR earnings call for the period ending December 31, 2020.
The market is leaving these stocks behind, but that doesn't mean they don't have value for investors.
Sales were down for the quarter and likely will be all year. But it's not as bad as people previously thought.
The appliance maker reports positive earnings per share and rapidly rebounding demand.
There's more than one way to get a better payout.
It has not yet said how many workers will be laid off.
These companies have high-yield dividends, trade at a discount, or are recovering well from the coronavirus-sparked market downturn.
Consumers are stockpiling appliances to preserve or prepare their stockpiled food.