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

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

Sherwin-Williams Company ( SHW) pushed the Chemicals industry higher today making it today's featured chemicals winner. The industry as a whole closed the day up 0.9%. By the end of trading, Sherwin-Williams Company rose $4.39 (2.6%) to $171.91 on average volume. Throughout the day, 1,149,497 shares of Sherwin-Williams Company exchanged hands as compared to its average daily volume of 784,700 shares. The stock ranged in a price between $167.59-$172.25 after having opened the day at $167.59 as compared to the previous trading day's close of $167.52. Other companies within the Chemicals industry that increased today were: Amyris ( AMRS), up 7.4%, Penford Corporation ( PENX), up 5.3%, American Pacific Corporation ( APFC), up 5.1% and Verenium Corporation ( VRNM), up 4.2%.

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 $17.3 billion and is part of the basic materials sector. Shares are up 9.7% year to date as of the close of trading on Monday. Currently there are 6 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, growth in earnings per share, increase in net income, notable return on equity and good cash flow from operations. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook.

On the negative front, BioFuel Energy Corporation ( BIOF), down 3.9%, China Green Agriculture ( CGA), down 3.4%, Marrone Bio Innovations ( MBII), down 2.6% and Flexible Solutions International ( FSI), down 2.6%.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the chemicals industry could consider Materials Select Sector SPDR ( XLB) while those bearish on the chemicals industry could consider ProShares Short Basic Materials Fd ( SBM).

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.
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