Sherwin-Williams Company (SHW): Today's Featured Chemicals Laggard
(
) 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:
(
), down 6.4%,
(
), down 3.7%,
(
), down 3.4% and
(
), 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
. 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.
- You can view the full Sherwin-Williams Company Ratings Report.
On the positive front,
Flexible Solutions International
(
), up 14.4%,
(
), up 7.7%,
(
), up 7.5% and
(
), up 4.6% , were all gainers within the chemicals industry with
(
) being today's featured chemicals industry leader.
- Use our chemicals section to find industry-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the chemicals industry could consider
(
) while those bearish on the chemicals industry could consider
ProShares Short Basic Materials Fd
(
).
- Find other investment ideas from our top rated ETFs lists.
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