This summary was created by AI, based on 2 opinions in the last 12 months.
Experts believe that Sherwin-Williams Co. (SHW-N) is in a good position due to the current trend of home improvement and renovation. The company recently raised their dividend and is expected to benefit from increased sales as consumers focus on smaller home improvement projects. Additionally, it is predicted that the home renovation market will bounce back as people choose to stay in their homes and invest in renovations due to a lack of available housing. Overall, the outlook for SHW-N is positive, with lower material costs also contributing to its potential for growth.
The chart shows a new breakout in progress.
They raised their dividend by 18.2%. Home Depot said that consumers are doing lots of home improvement, but not big-ticker jobs that require financing. Still, this will lead to more sales for SHW.
The home reno space has been in a slump, because people have been travelling and enjoying experiences. During Covid, they stayed home and renovated, which she feels will return, because there isn't enough housing to buy. So, people will stay in their homes and fix them up. Lower material costs will help. HD and Sherwin Williams are buys now.
An excellent company that delivered a great quarter. That said, he prefers Lowe's.
(A Top Pick Apr 22/19, Up 25%) Like Home Depot, this is a win-win, whether people stay hope and renovate, or if they move houses (which he predicts). SHW will benefit from either trend.
Sherwin-Williams Co. is a American stock, trading under the symbol SHW-N on the New York Stock Exchange (SHW). It is usually referred to as NYSE:SHW or SHW-N
In the last year, 2 stock analysts published opinions about SHW-N. 1 analyst recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for Sherwin-Williams Co..
Sherwin-Williams Co. was recommended as a Top Pick by on . Read the latest stock experts ratings for Sherwin-Williams Co..
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
2 stock analysts on Stockchase covered Sherwin-Williams Co. In the last year. It is a trending stock that is worth watching.
On 2024-10-08, Sherwin-Williams Co. (SHW-N) stock closed at a price of $373.4.
It has run up so much lately that's due for a pullback.