Capital Growth Management’s fourth play was in home appliance manufacturing giant Whirlpool, Inc. (NYSE:WHR). The company has high hopes for 2013, as evidenced by their positive outlook outlined in their last earnings release. Whirlpool is anticipating larger margins, expansion into new markets, new products, and more streamlined operations for the next year. With impressive earnings per share of 6.14 and a low P/E growth ratio, existing valuations are low and they could improve further if their performance projections are correct.
Finally, the largest automotive retailer AutoNation (NYSE:AN) rounds out this list of new positions on his 13F filing and stands as his second new auto play. The stock posted consistently positive earnings last year, and they recently recorded a 15% increase in year-over-year sales last December. With such large operations, AN should continue to be a steady hitter in automotive sales; positive quarterly revenue and earnings growth support this. Perhaps Heebner is hoping for repeat 20%+ growth in the price per share for this year?
Disclosure: I do not own shares of any stocks mentioned in this article.