Jim Cramer is Warning About These 4 Value Stocks

3. Whirlpool Corporation (NYSE:WHR)

Number of Hedge Fund Holders: 33  

PE Ratio: 6.01

Whirlpool Corporation (NYSE:WHR) makes and sells home appliances and related products. In mid-June, Cramer placed the firm among a group of stocks that investors should avoid even though their price-to-earnings multiples were fine. The journalist investor blamed the overall market situation as one of the primary reasons behind his advice. He said investors could justify owning some “higher quality” stocks if they were feeling “a little more sanguine about the economy”. 

On April 20, JPMorgan analyst Michael Rehaut maintained an Overweight rating on Whirlpool Corporation (NYSE:WHR) stock and lowered the price target to $205 from $221, noting that analysts did not expect any material or sustained rebound in the building products this season.

Among the hedge funds being tracked by Insider Monkey, New York-based investment firm Greenhaven Associates is a leading shareholder in Whirlpool Corporation (NYSE:WHR), with 2.8 million shares worth more than $489 million.