PPG Industries (PPG)

(A Top Pick Feb 12/13. Up 31.92%.) An industrial coatings for cars, aerospace, residential housing and commercial buildings. Expecting some growth in Europe after years of restructuring. Very strong free cash flow generator. Has pulled back, so at this level she is starting to look at it for new clients.

(Market Call Minute.)

Coating of paints such as auto, aerospace, packaging. Big presence in Europe and in the US. Just made an acquisition to put them in the number 2 position in the US. There will be cost and revenue synergies. She is ignoring the PE of 24, thinking it will go down to 17 times.

Leading specialty coating paint company. Into interior and exterior in aerospace. A leader in automotive OEM (original equipment manufacturer) paint supplier both in US and China. Architectural coatings (paint) with a big presence in Europe and the US. Closing a transaction in the US that will double their architectural coatings into the number 2 position in the US. Nice way to play the US housing recovery.