NEW YORK (TheStreet) -- Shares of Sherwin-Williams Co.  (SHW) - Get Report are advancing 1% to $275.76 in early afternoon trading on Monday.

The Cleveland, OH-based company is engaged in the development, manufacture, distribution and sale of paint, coatings and related products.

HGTV Home by Sherwin-Williams announced Infinity today, a new line of interior and exterior paint that can be found exclusively at Lowe's (LOW) in March.

"INFINITY is 50% more scrubbable, washable and stain resistant than a leading competitive product, making it one of the most durable home products available," Andrew Kinnen, senior director of paint marketing for Sherwin-Williams' Diversified Brands Division, said in a statement.

TheStreet'sChris Versace and Bob Lang of Trifecta Stocks have identified Sherwin-Williams as the "Chart of the Day." Here is what Versace and Lang had to say about the company:

We have seen some recent strength in home repair names, and last week's earnings from Home Depot (HD) confirmed the consumer is still alive and well. This chart of Sherwin-Williams is solid and shows some tremendous power. Institutional buyers have been all over this name of late and volume has been strong since the higher low made in January.

These last few days have been impressive, the price bars are incredibly strong and the pop over the 200-day moving average is like a hot knife through butter. We are seeing even more buying strength with the Moving Average Convergence Divergence buy signal, which was a precursor to the move up in February. At this point, this could be a pullback candidate.

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Chris Versace and Bob Lang "Chart of the Day: Sherwin-Williams" originally published on 2/29/16 on Trifecta Stocks.

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Separately, TheStreet Ratings Team has a "Buy" rating with a score of A- on the stock.

This is based on the convergence of positive investment measures, which should help this stock outperform the majority of stocks rated.

The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, impressive record of earnings per share growth, compelling growth in net income and good cash flow from operations.

The team believes its strengths outweigh the fact that the company has had lackluster performance in the stock itself.

Recently, TheStreet Ratings objectively rated this stock according to its "risk-adjusted" total return prospect over a 12-month investment horizon. Not based on the news in any given day, the rating may differ from Jim Cramer's view or that of this articles's author.

You can view the full analysis from the report here: SHW