Jim Cramer on Whirlpool: “I Am Very Concerned About That Company”

Whirlpool Corporation (NYSE:WHR) was among the stocks Jim Cramer looked at as he explained the need for a tame bond market for the stock market to go higher. A caller asked if the stock is safe to buy here, and Cramer replied:

You know that Goldman Neutral was down from a Buy, and they, I think they missed it. I’ve gotta tell you, I am very concerned about that company… But I would tell you that right now, I don’t see any relief. And if you did want to play it like I did, then you would… do Home Depot or do Lowe’s. I think Lowe’s number could be better.

Photo by jason briscoe on Unsplash

Whirlpool Corporation (NYSE:WHR) manufactures and sells home appliances, including refrigerators, laundry machines, dishwashers, and cooking products. During the episode aired on March 23, a caller noted that they purchased the stock in the previous year when it was down and inquired about it. The Mad Money host responded:

I gotta tell you, you know… this one just mystifies me. Down 25%. The president’s done everything he can to try to make it so that they’re not, they lose by imports. I don’t know what to say other than the fact that I wish I could recommend it, but I just feel like, at every single point, it goes down. I cannot be a part of a stock that at every single point goes down. So I’m going to have to take a pass. That’s painful.

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