3 Stocks Pushing The Materials & Construction Industry Higher
1. As of noon trading, Sherwin-Williams Company ( SHW) is up $1.19 (0.8%) to $150.10 on average volume Thus far, 504,001 shares of Sherwin-Williams Company exchanged hands as compared to its average daily volume of 951,500 shares. The stock has ranged in price between $147.70-$150.53 after having opened the day at $148.01 as compared to the previous trading day's close of $148.91. The Sherwin-Williams Company engages in the development, manufacture, distribution, and sale of paints, coatings, and related products to professional, industrial, commercial, and retail customers primarily in North and South America, the Caribbean region, Europe, and Asia. Sherwin-Williams Company has a market cap of $15.4 billion and is part of the industrial goods sector. The company has a P/E ratio of 27.0, above the S&P 500 P/E ratio of 17.7. Shares are up 66.8% year to date as of the close of trading on Thursday. Currently there are 3 analysts that rate Sherwin-Williams Company a buy, 1 analyst rates it a sell, and 10 rate it a hold. TheStreet Ratings rates Sherwin-Williams Company as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, expanding profit margins, good cash flow from operations and compelling growth in net income. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full Sherwin-Williams Company Ratings Report now. If you are interested in one of these 3 stocks, ETFs may be of interest. Investors who are bullish on the materials & construction industry could consider SPDR S&P Homebuilders ETF ( XHB) while those bearish on the materials & construction industry could consider ProShares Short Basic Materials Fd ( SBM). A reminder about TheStreet Ratings group: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.
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