Whirlpool ready to create a Whirlpool. Can go 2x from here
290
Whirlpool: company's sales had been growing consistently till COVID After COVID the sales shrinked. So did the profit Sales have picked up now but there were other factors that ate up company's margin e.g., growing raw material cost due to war in Ukraine and china, Taiwan conflict. Aggresive sales push from competitors by cutting margins. Inflation is high and so are the interest rates. Slowness can be seen across consumer durables market.
Pros: Company sales has grown year on year after COVID Net profit will be greater than last year Slowly the margins will improve Good promoter holding FII stake has increased Stock is down more than 50% from Life time high. Currently trading at 2018 levels New plant came into operation in pondicherry and new inventory added. Huge buying on daily chart Potential of doubling from here Head and shoulder pattern formation
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.