3 Stocks Pushing The Consumer Durables Industry Lower
1. As of noon trading, Whirlpool Corporation ( WHR) is down $0.62 (-0.6%) to $100.36 on average volume Thus far, 576,437 shares of Whirlpool Corporation exchanged hands as compared to its average daily volume of 1.2 million shares. The stock has ranged in price between $99.59-$102.05 after having opened the day at $101.00 as compared to the previous trading day's close of $100.99. Whirlpool Corporation engages in the manufacture and marketing of home appliances worldwide. Its principal products include laundry appliances, refrigerators and freezers, cooking appliances, dishwashers, mixers, and other portable household appliances. Whirlpool Corporation has a market cap of $8.0 billion and is part of the consumer goods sector. The company has a P/E ratio of 16.7, below the S&P 500 P/E ratio of 17.7. Shares are up 116.5% year to date as of the close of trading on Monday. Currently there are 2 analysts that rate Whirlpool Corporation a buy, no analysts rate it a sell, and 2 rate it a hold. TheStreet Ratings rates Whirlpool Corporation as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, good cash flow from operations, largely solid financial position with reasonable debt levels by most measures and notable return on equity. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Whirlpool Corporation Ratings Report now. Holiday Special: Subscribe to Action Alerts PLUS to see how Jim Cramer trades his $2.5 Million+ portfolio for 51% off the list price. Your first 14-days are FREE: Sign up today to get e-mail alerts before every trade If you are interested in one of these 5 stocks, ETFs may be of interest. Investors who are bullish on the consumer durables industry could consider Consumer Discretionary Sel Sec SPDR ( XLY) while those bearish on the consumer durables industry could consider ProShares Ultra Sht Consumer Goods ( SZK). A reminder about TheStreet Ratings group: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.
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