Sherwin-Williams Company

(

SHW

) pushed the Industrial Goods sector higher today making it today's featured industrial goods winner. The sector as a whole closed the day down 0.5%. By the end of trading, Sherwin-Williams Company rose $2.14 (1.7%) to $129.64 on average volume. Throughout the day, 1.4 million shares of Sherwin-Williams Company exchanged hands as compared to its average daily volume of 1.3 million shares. The stock ranged in a price between $126.26-$130.25 after having opened the day at $127.79 as compared to the previous trading day's close of $127.50. Other companies within the Industrial Goods sector that increased today were:

Fuelcell Energy

(

FCEL

), up 11.6%,

Valence Technology

(

VLNC

), up 10.4%,

Integrated Electrical Services

(

IESC

), up 9.2%, and

Hydrogenics Corporation

(

HYGS

), up 8.5%.

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 $13.37 billion and is part of the

materials & construction

industry. The company has a P/E ratio of 29, above the average materials & construction industry P/E ratio of 28.9 and above the S&P 500 P/E ratio of 17.7. Shares are up 42.8% year to date as of the close of trading on Wednesday. Currently there are two analysts that rate Sherwin-Williams Company a buy, one analyst rates it a sell, and eight 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, increase in net income, solid stock price performance and growth in earnings per share. We feel these strengths outweigh the fact that the company shows weak operating cash flow.

On the negative front,

A123 Systems

(

AONE

), down 10.5%,

Presstek

(

PRST

), down 10.3%,

THT Heat Transfer Technology

(

THTI

), down 10.1%, and

India Globalization Capital

(

IGC

), down 8.2%, were all losers within the industrial goods sector with

Eaton

(

ETN

) being today's industrial goods sector loser.

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

Industrial Select Sector SPDR

(

XLI

) while those bearish on the industrial goods sector could consider

ProShares Short Dow 30

(

DOG

).

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