Sherwin-Williams Hits New 52-Week High on Solid Prospects

Shares of paint giant, Sherwin-Williams SHW, scaled a new 52-week high of $347.96 yesterday, before pulling back to close the day at $345.97.

Sherwin-Williams has a market capitalization of roughly $32.2 billion. The average volume of shares traded by the company in the past three months is 523.4K.

Sherwin-Williams' shares rallied around 11% in the past three months on the back of strength in its Paint Stores Group unit. The stock outperformed the Zacks categorized Paints & Allied Products industry's roughly 8% gain in the said timeframe.

Sherwin-Williams Company (The) Price and Consensus

 

Sherwin-Williams Company (The) Price and Consensus | Sherwin-Williams Company (The) Quote

Zacks Rank & Key Picks

Sherwin-Williams currently sports a Zacks Rank #1 (Strong Buy).

Some other top ranked companies in the basic materials space include The Chemours Company CC, Huntsman Corporation HUN and Kronos Worldwide, Inc. KRO. All the three stocks flaunt a Zacks Rank #1. You can see the complete list of today's Zacks #1 Rank stocks here.

Chemours has expected long-term growth rate of 15.5%.

Huntsman has expected long-term growth rate of 7%.

Kronos has expected long-term growth rate of 5%.

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