Sherwin-Williams: Time to Take Some Profits?

Filed under: Stocks to Buy

The shares of paint-supplier supreme Sherwin-Williams (SHW), first written about here on June 12, 2009 at a price of $55.10, have accelerated out of a $65 low recorded this summer to trade about $83, and with the aforementioned in mind, now may be a good time to consider taking some profits, if you're in at/near $55.



Those investors who can tolerate the risk can retain their full position, but keep in mind that top-side gains probably will be limited to the $100-level during this economic expansion.



Fundamentally, totally un-sexy Sherwin-Williams remains fine, just a little overvalued at this juncture. Sherwin will probably post a 6-8% 2010 revenue increase in 2011, after a likely 7-9% increase in 2010.

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Sherwin-Williams: Time to Take Some Profits? originally appeared on BloggingStocks on Tue, 11 Jan 2011 17:30:00 EST. Please see our terms for use of feeds.

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