1328 ET - As the U.S. plans to add home appliance imports to derivative steel product tariffs, Whirlpool faces a better setup than its competitors, BofA Securities analysts say in a note. While competitors previously had a big cost advantage by sourcing cheaper Chinese steel and importing finished goods without paying tariffs on steel, they will now have to pass some added tariff costs to consumers, the analysts say. Whirlpool, on the other hand, manufactures a majority of its U.S. sales domestically with U.S. steel, they say. As competitors hike prices, the company could gain market share and expand its margins, they say, and raise their rating on the stock to neutral from underperform. Whirlpool climbs 5%. (kelly.cloonan@wsj.com)
(END) Dow Jones Newswires
June 13, 2025 13:28 ET (17:28 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。