Be Wary of Earnings Data Spin Job, but Hold Whirlpool Stock Anyway
Whirlpool (NYSE: WHR) is known to consumers for providing a broad range of reliable home appliances; similarly, the stock is known on Wall Street for providing a reliable stream of income through dividends and share-price appreciation over time. Wresting returns from Whirlpool stock in 2022 might not be so easy, though, as supply chain disruptions weigh on investor sentiment.
Still, in a time when growth is out and defensive stocks are in vogue, Whirlpool stock should continue to appeal to risk-averse investors. Amid this backdrop, Whirlpool's recently reported financial results provide ample fodder for both bulls and bears. How you choose to parse the data should, at least to a certain extent, determine on which side of the fence you'd like to sit.
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Source Fool.com
