It's always good to keep a list of stocks that you're interested in buying at the ready. You may not be quite ready to buy them right now, but being prepared if stock prices dip can score you a nice bargain. Two stocks that belong on your watchlist are Whirlpool (NYSE: WHR) and International Paper (NYSE: IP).

Demand for big-ticket appliances ultimately depends on the state of the economy and the housing market. Given the current economic conditions, it's not surprising that sales are slipping.

You only have to look at recent results from Home Depot, Lowe's, and Best Buy to know that consumers are being more cautious when it comes to home improvement. Home Depot's comparable sales sank 4.5% in the first quarter; Lowe's suffered a 4.3% comparable sales decline ; and Best Buy reported that domestic appliance sales tumbled by 15.5%.

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Source Fool.com