This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

5 Stocks to Buy for a Santa Claus Rally

PPG Industries

Content on this page requires a newer version of Adobe Flash Player.

Get Adobe Flash player

Coating and chemical maker PPG Industries (PPG - Get Report) has been having a mixed year in 2011. While the firm's revenue and profitability are bumping up against pre-recession highs, that fundamental success isn't being reflected in shares. Even so, investors shouldn't be ignoring this stock at current levels -- especially with a 2.82% yield.

PPG's core coatings business generates nearly three-quarters of the firm's sales, providing customers with the materials to paint and protect everything from airplanes and appliances to houses. Because PPG is the leader in coatings, the firm is able to generate high recurring revenues through industrial customers who get proprietary formulations direct from the source. That stickiness should help to buoy shares even as industrial numbers in the broad economy have failed to excite investors.

Because of PPG's exposure to the industrial segment, the firm has seen an increasing share of its business coming from the emerging markets. Today, emerging sales make up more than a quarter of the company's total revenues, a factor that insulates the firm somewhat from sluggishness in the Western manufacturing space.

Even though a growth-by-acquisition strategy has built a material debt load for PPG, ample cash generation capabilities more than offset it.

One big bet on PPG in the most recently reported quarter comes from Ken Fisher's Fisher Investments, whose 6.3 million-share position in the stock comprises 1.5% of its total portfolio.
3 of 6

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
PPG $112.77 -0.19%
PAYX $52.81 -0.58%
SWY $35.10 -0.11%
WAG $81.65 2.05%
VRSK $78.69 -0.01%


Chart of I:DJI
DOW 17,830.76 -210.79 -1.17%
S&P 500 2,075.81 -19.34 -0.92%
NASDAQ 4,805.2910 -57.85 -1.19%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs