Advertisement
Singapore markets closed

  • Straits Times Index

    3,280.10
    -7.65 (-0.23%)
     

  • Nikkei

    37,934.76
    +306.28 (+0.81%)
     

  • Hang Seng

    17,651.15
    +366.61 (+2.12%)
     

  • FTSE 100

    8,139.83
    +60.97 (+0.75%)
     

  • Bitcoin USD

    63,806.89
    -676.09 (-1.05%)
     

  • CMC Crypto 200

    1,327.66
    -68.87 (-4.93%)
     

  • S&P 500

    5,099.96
    +51.54 (+1.02%)
     

  • Dow

    38,239.66
    +153.86 (+0.40%)
     

  • Nasdaq

    15,927.90
    +316.14 (+2.03%)
     

  • Gold

    2,349.60
    +7.10 (+0.30%)
     

  • Crude Oil

    83.66
    +0.09 (+0.11%)
     

  • 10-Yr Bond

    4.6690
    -0.0370 (-0.79%)
     

  • FTSE Bursa Malaysia

    1,575.16
    +5.91 (+0.38%)
     

  • Jakarta Composite Index

    7,036.08
    -119.22 (-1.67%)
     

  • PSE Index

    6,628.75
    +53.87 (+0.82%)
     

3 Home Appliance Stocks to Watch Amid Supply-Chain Woes

Rajani Lohia
·1-min read

Players in the Zacks Household Appliances industry have been witnessing strong consumer demand for kitchen and home appliances. Increasing focus on home-improvement investments has continued to drive demand. The industry participants stay poised to gain from shifts to online shopping for electronics. Nonetheless, the industry has been battling headwinds related to supply delays of electronic components and finished goods, higher raw material prices, and elevated transportation and freight costs. This resulted in production inefficiencies, supply-demand mismatches and higher logistic costs.

Amid the tough times, investments in product innovation, cost-saving efforts and pricing actions make players like Whirlpool Corporation WHR, Howden Joinery Group Plc HWDJY and Electrolux ELUXY stocks worth watching.

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
 
Whirlpool Corporation (WHR) : Free Stock Analysis Report
 
Electrolux AB (ELUXY) : Free Stock Analysis Report
 
Howden Joinery (HWDJY) : Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
Zacks Investment Research