Sherwin-Williams Company (SHW): Today's Featured Industrial Goods Winner

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

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 up 1.1%. By the end of trading, Sherwin-Williams Company rose $5.20 (3.5%) to $153.43 on average volume. Throughout the day, 1.3 million shares of Sherwin-Williams Company exchanged hands as compared to its average daily volume of one million shares. The stock ranged in a price between $148.50-$153.51 after having opened the day at $148.68 as compared to the previous trading day's close of $148.23. Other companies within the Industrial Goods sector that increased today were: Metalico ( MEA), up 15.1%, Fuel Tech ( FTEK), up 10.6%, CVD Equipment Corporation ( CVV), up 10.3%, and Hovnanian ( HOV), up 9.4%.
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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 $15.18 billion and is part of the materials & construction industry. The company has a P/E ratio of 26.6, above the S&P 500 P/E ratio of 17.7. Shares are up 66% year to date as of the close of trading on Friday. Currently there are three analysts that rate Sherwin-Williams Company a buy, one analyst rates it a sell, and nine 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, expanding profit margins, good cash flow from operations and compelling growth in net income. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results.

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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