LONDON WALLET
  • Home
  • Investing
  • Business Finance
  • Markets
  • Industries
  • Opinion
  • UK
  • Real Estate
  • Crypto
No Result
View All Result
LONDON WALLET
  • Home
  • Investing
  • Business Finance
  • Markets
  • Industries
  • Opinion
  • UK
  • Real Estate
  • Crypto
No Result
View All Result
LondonWallet
No Result
View All Result

This old blue chip is forming a classic bearish-to-bullish reversal, according to Carter Worth

Chaim Potok by Chaim Potok
January 10, 2025
in Investing
This old blue chip is forming a classic bearish-to-bullish reversal, according to Carter Worth
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter


Old-line household appliance manufacturer Whirlpool (WHR) is judged to be in the throes of a “bearish-to-bullish” reversal. Trading now at $114 and up nicely from its 52-week low of $84, the stock still, even now, is down 55% from its all-time high of $258 in May of 2021. By our work, Whirlpool has further upside potential and is the very definition of a “value stock” with a current P/E of 8.2 and a dividend yield of 6.1%. The chart below is the very definition of a “bearish-to-bullish” reversal buy. Our price objective is $135+/-. -Carter Braxton Worth For actionable recommendations via email and live nightly videos become a member at worthcharting.com DISCLOSURES: (None) All opinions expressed by the CNBC Pro contributors are solely their opinions and do not reflect the opinions of CNBC, NBC UNIVERSAL, their parent company or affiliates, and may have been previously disseminated by them on television, radio, internet or another medium. THE ABOVE CONTENT IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY . THIS CONTENT IS PROVIDED FOR INFORMATIONAL PURPOSES ONLY AND DOES NOT CONSITUTE FINANCIAL, INVESTMENT, TAX OR LEGAL ADVICE OR A RECOMMENDATION TO BUY ANY SECURITY OR OTHER FINANCIAL ASSET. THE CONTENT IS GENERAL IN NATURE AND DOES NOT REFLECT ANY INDIVIDUAL’S UNIQUE PERSONAL CIRCUMSTANCES. THE ABOVE CONTENT MIGHT NOT BE SUITABLE FOR YOUR PARTICULAR CIRCUMSTANCES. BEFORE MAKING ANY FINANCIAL DECISIONS, YOU SHOULD STRONGLY CONSIDER SEEKING ADVICE FROM YOUR OWN FINANCIAL OR INVESTMENT ADVISOR. Click here for the full disclaimer.



Source link

You might also like

Activist Irenic takes a stake in Atkore, urges company to consider a sale

Wealth requires long-term effort, says ‘The Art of Spending Money’ author: Getting rich quickly won’t cut it

The stock market is diving on Trump’s threat of more China tariffs. Is this a good time to buy?

Share30Tweet19
Previous Post

Kia has found its answer to low-cost Chinese EV makers like BYD

Next Post

Price analysis 1/10: BTC, ETH, XRP, BNB, SOL, DOGE, ADA, AVAX, SUI, TON

Chaim Potok

Chaim Potok

Recommended For You

Activist Irenic takes a stake in Atkore, urges company to consider a sale
Investing

Activist Irenic takes a stake in Atkore, urges company to consider a sale

October 11, 2025
Wealth requires long-term effort, says ‘The Art of Spending Money’ author: Getting rich quickly won’t cut it
Investing

Wealth requires long-term effort, says ‘The Art of Spending Money’ author: Getting rich quickly won’t cut it

October 11, 2025
The stock market is diving on Trump’s threat of more China tariffs. Is this a good time to buy?
Investing

The stock market is diving on Trump’s threat of more China tariffs. Is this a good time to buy?

October 10, 2025
Long-dated bonds are starting to break higher, says Carter Worth
Investing

Long-dated bonds are starting to break higher, says Carter Worth

October 10, 2025
Next Post
Price analysis 1/10: BTC, ETH, XRP, BNB, SOL, DOGE, ADA, AVAX, SUI, TON

Price analysis 1/10: BTC, ETH, XRP, BNB, SOL, DOGE, ADA, AVAX, SUI, TON

Related News

Jeep finally reveals when the iconic Wrangler and Grand Cherokee are going electric

Jeep finally reveals when the iconic Wrangler and Grand Cherokee are going electric

November 6, 2023
BTC price gains 'on horizon' as Bitcoin whales buy 1.5M BTC — Analysis

BTC price gains 'on horizon' as Bitcoin whales buy 1.5M BTC — Analysis

October 11, 2024
Bitcoin rally to .4K proves bullish chart pattern is ‘locked in’ — Analyst

Bitcoin rally to $64.4K proves bullish chart pattern is ‘locked in’ — Analyst

October 7, 2024

Browse by Category

  • Business Finance
  • Crypto
  • Industries
  • Investing
  • Markets
  • Opinion
  • Real Estate
  • UK

London Wallet

Read latest news about finance, business and investing

  • Contact
  • Privacy Policy
  • Terms & Conditions

© 2025 London Wallet - All Rights Reserved!

No Result
View All Result
  • Checkout
  • Contact
  • Home
  • Login/Register
  • My account
  • Privacy Policy
  • Terms and Conditions

© 2025 London Wallet - All Rights Reserved!

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?