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

Sherwin-Williams Company ( SHW) pushed the Industrial Goods sector lower today making it today's featured Industrial Goods laggard. The sector as a whole closed the day down 0.5%. By the end of trading, Sherwin-Williams Company fell $2.58 (-1.4%) to $176.60 on average volume. Throughout the day, 611,303 shares of Sherwin-Williams Company exchanged hands as compared to its average daily volume of 700,300 shares. The stock ranged in price between $176.57-$179.14 after having opened the day at $178.71 as compared to the previous trading day's close of $179.18. Other companies within the Industrial Goods sector that declined today were: Clean Diesel Technologies ( CDTI), down 35.3%, Perma-Fix Environmental Services ( PESI), down 29.4%, Intellicheck Mobilisa ( IDN), down 26.8% and China Valves Technology ( CVVT), down 16.7%.

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 $18.4 billion and is part of the chemicals industry. The company has a P/E ratio of 29.9, above the S&P 500 P/E ratio of 17.7. Shares are up 16.5% year to date as of the close of trading on Thursday. 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 buy. 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 the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results.

On the positive front, Compx International ( CIX), up 9.3%, Continental Materials Corporation ( CUO), up 8.2%, India Globalization Capital ( IGC), up 8.1% and China Advanced Construction Materials Group ( CADC), up 7.7%.

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).

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.
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