Whirlpool of DividendsAm I crazy to be looking at a manufacturing play right now considering the tariff trade wars going on? The stock right now has a forward dividend yield of 8.65% at the current price with a technical setup. There are fundamentals around tariffs to consider but that could only be the "reason" the price has come to a great buy.
I set an alert almost a year ago in April 2024 based on a follower of mine liking the stock NYSE:WHR as a dividend play. I suggested that we set the buy alert for the Volume Profile level going back 20 years ago which also incorporated the 2020 COVID low:
That alert his this week and I did some fundamental research on the company. Back in 2018 Whirlpool took a big hit with the first round of China focused tariffs. However, the company responded by focusing on more U.S.-based manufacturing. Its competitors, LG and Samsung have more tariff exposure. Material costs could still present a challenge.
From a technical standpoint I see a major low with volume support that could hold up price.
