NEW YORK (

TheStreet

) --

Sherwin-Williams Company

(NYSE:

SHW

) hit a new 52-week high Thursday as it is currently trading at $125.39, above its previous 52-week high of $125.20 with 1.8 million shares traded as of 3:59 p.m. ET. Average volume has been 1.2 million shares over the past 30 days.

Sherwin-Williams has a market cap of $12.3 billion and is part of the

industrial goods

sector and

materials & construction

industry. Shares are up 39.2% year to date as of the close of trading on Wednesday.

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. The company has a P/E ratio of 26.7, above the average materials & construction industry P/E ratio of 26.6 and above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Sherwin-Williams 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. You can view the full

Sherwin-Williams Ratings Report

.

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