Sherwin-Williams Company (SHW): Today's Featured Chemicals Laggard

Sherwin-Williams Company was a leading decliner within the chemicals industry, falling $2.96 (-1.6%) to $184.40 on average volume
By TheStreet Wire ,

Sherwin-Williams Company

(

SHW

) pushed the Chemicals industry lower today making it today's featured Chemicals laggard. The industry as a whole closed the day up 0.5%. By the end of trading, Sherwin-Williams Company fell $2.96 (-1.6%) to $184.40 on average volume. Throughout the day, 746,335 shares of Sherwin-Williams Company exchanged hands as compared to its average daily volume of 688,700 shares. The stock ranged in price between $184.12-$190.68 after having opened the day at $187.36 as compared to the previous trading day's close of $187.36. Other companies within the Chemicals industry that declined today were:

Ceres

(

CERE

), down 6.4%,

Lightbridge

(

LTBR

), down 3.7%,

Yongye International

(

YONG

), down 3.4% and

BioFuel Energy Corporation

(

BIOF

), down 2.2%.

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 America, South America, Europe, Asia, and the Caribbean region. Sherwin-Williams Company has a market cap of $19.3 billion and is part of the basic materials sector. Shares are up 21.5% year to date as of the close of trading on Friday. Currently there are 5 analysts that rate Sherwin-Williams Company a buy, 1 analyst rates it a sell, and 7 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, impressive record of earnings per share growth, notable return on equity, good cash flow from operations and expanding profit margins. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook.

On the positive front,

Flexible Solutions International

(

FSI

), up 14.4%,

Braskem

(

BAK

), up 7.7%,

REX American Resources

(

REX

), up 7.5% and

Penford Corporation

(

PENX

), up 4.6% , were all gainers within the chemicals industry with

LyondellBasell Industries

(

LYB

) being today's featured chemicals industry leader.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the chemicals industry could consider

Materials Select Sector SPDR

(

XLB

) while those bearish on the chemicals industry could consider

ProShares Short Basic Materials Fd

(

SBM

).

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

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