Whirlpool Continues Slide (WHR)

Shares of Whirlpool WHR continue to trade lower, down $1.15, or 1.58%, to $71.62 today. The stock is now off 40% from its 52-week high of $118 reached on April 26. Investors have dumped the stock over fears a weak consumer and housing market would mean fewer sales of its home appliances. Value investors may begin to step into the name as the stock trades for 10 times earnings and yields 2.40%. Whirlpool may be a name that could offer massive upside if the economic recovery is stronger than expected.
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