|Day Low/High||160.47 / 163.06|
|52 Wk Low/High||123.60 / 194.10|
Year-over-year comparisons and rise in inventory are encouraging for our Sherwin-Williams and Whirlpool positions.
The model portfolio had a number of strong performers this week as the market welcomed the Fed's lack of action with open arms.
Beyond the headlines, there are reasons to be to be optimistic about Sherwin-Williams and Whirlpool.
Most of the portfolio got caught in this week's downdraft, though we used weakness to add to our position in Sherwin-Williams.
We added no positions this week, although we scaled up our position sizes in both Costco Wholesale and United Parcel Service.
WHR, which has been correction mode, is mildly oversold and due for a bounce.
Cramer shares his views on Toll Brothers and how it doesn't get enough respect. Apple, Google and Wells Fargo are among the stocks discussed.
We eliminated our position in Fortive but bulked up our stakes in recent newbies Sherwin-Williams and Whirlpool and added Nike to the portfolio.
The most recent short interest data has been released for the 08/15/2016 settlement date, and we here at Dividend Channel like to sift through this fresh data and order the underlying components of the S&P 500 by "days to cover." There are a number of ways to look at short data, for example the total number of shares short; but one metric that we find particularly useful is the "days to cover" metric because it considers both the total shares short and the average daily volume of shares typically traded. The number of shares short is then compared to the average daily volume, in order to calculate the total number of trading days it would take to close out all of the open short positions if every share traded represented a short position being closed.
Sears' once-lucrative appliance business continues to hemorrhage sales.
The second quarter will likely be another terrible quarter for the struggling retail chain.
Higher home values mean people will continue to spend on home improvement projects, which should be good news for investors in Home Depot, Whirlpool and Stanley Black & Decker.
The housing sector is marching on, pulling the economy along.
Strong July new home sales are a positive for these two positions.
We can't ignore the bullish outlook for athletic footwear and apparel.
This week Whirlpool jumped into the portfolio pool, where it joined recent additions Sherwin-Williams and International Flavors & Fragrances.
We think Whirlpool's 25% upside potential is justified by its prospects.
Home Depot shares have fallen out of favor lately amid a minor slowdown in the U.S. housing market and high expectations for sales.
Wall Street analysts are keeping an eye on the effect of the Rio Olympics on stocks across a variety of sectors, from restaurants to biotech.