Jim Cramer Wants to Buy Shares of Sherwin-Williams

TheStreet's Action Alerts PLUS Portfolio Manager Jim Cramer is keeping an eye on shares of Sherwin-Williams (SHW) - Get Report , following its roughly $9 billion acquisition of Valspar (VAL) - Get Report . 'Valspar had been an underachiever,' Cramer said, adding that the company lost some business to Lowe's Companies (LOW) - Get Report in 2014. Cramer said the merger of Sherwin-Williams and Valspar was a very good deal for Sherwin and that he wants to buy shares of Sherwin. He also said he wants to buy PPG Industries (PPG) - Get Report , which he said is undervalued. Cramer is also fond of RPM International (RPM) - Get Report .

At the time of publication, Jim Cramer's charitable trust Action Alerts PLUS held no positions in stocks mentioned.