Maytag 24th February, announced that Samsung would be manufacturing a new range of front loaders. Whilst Layoffs loom, at both Newton & North Canton, home of Hoover cleaners for over 100 years. Its a sad day for Maytag employees?
In recent months there has been a fury of insider stock purchase? Could the writting be on the wall, to make Maytag a good catch? Contacts in Newton tell me that the Swedes?,have visited Maytag HQ in Newton Iowa, & have held court with King Ralph?
This all makes MAYTAG a very strong buy!
Are Electrolux waiting in the Wings?