04-21-2021, 08:49 AM
(04-20-2021, 11:31 PM)vbin Wrote: That sounds pretty good Eric. WHR have had a good run in past year. Still a buy in your opinion?
I'd consider it fairly valued. It's trading right around its normal PE ratio, and with the demand for appliances seemingly strong I think earnings will continue to grow in the near term.
However, while analysts are expecting 15% growth this year they are showing negative growth for 2022, so there are concerns about long-term prospects.
I don't own it personally. Nothing wrong with buying a starter position here if you are interested for the long-term, but after a 350% run-up from last year's low I don't know that I'd jump all-in.