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Whirlpool (WHR) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.
Whirlpool's (WHR) second-quarter 2024 earnings are likely to show the impacts of a tough macro environment, coupled with sluggish demand and inflationary pressures.
BENTON HARBOR, Mich. , July 17, 2024 /PRNewswire/ -- Whirlpool Corporation (NYSE: WHR) will release its second-quarter financial results and presentation materials at 4:05 p.m.
A deal could make sense for both parties. Whirlpool faces near-term challenges, and it may be better positioned within a larger company that can support its debt and avoid paying its dividend.
The takeover speculation highlights the value case for the stock. Whirlpool faces challenging markets in 2024, but an acquirer might be willing to take a longer-term viewpoint.
Whirlpool Corporation WHR shares are trading lower today. The stock pulled back after soaring higher yesterday due to news of Robert Bosch GmbH reportedly considering a bid for the company.
Whirlpool (WHR) stock reacts positively to market speculations about its alleged acquisition by Bosch. It remains to be seen whether the stock sustains this rally.
Whirlpool NYSE: WHR shares surged 20% on word that it would receive a takeover bid from Bosch. However, the initial price action suggests this is a buy-the-rumor-sell-the-news event, so investors should be cautious.
Germany's Robert Bosch is reportedly weighing a bid for Whirlpool. The talk appears to be preliminary, and there is no guarantee Bosch will proceed.
Shares of Whirlpool (WHR) spun to big gains in intraday trading Wednesday following a report that German rival Robert Bosch was considering buying the U.S. appliance manufacturer.