The shares of paint-supplier supreme Sherwin-Williams (SHW), first written about here on June 12, 2009, at a price of $55.10, have pulled back slightly, to about $82, but the dip looks like a healthy correction following an impressive 2010 rise.

Even so, if you haven't already, now may be a good time to consider taking some profits, if you're in 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.

Continue reading Sherwin-Williams Knows There's Nothing Boring About Watching Paint Dry

Sherwin-Williams Knows There's Nothing Boring About Watching Paint Dry originally appeared on BloggingStocks on Tue, 15 Mar 2011 12:00:00 EST. Please see our terms for use of feeds.

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.

Continue reading Sherwin-Williams: Time to Take Some Profits?

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.

Analyst Upgrades

• General Electric (GE) and Barclays (BCS) to buy from neutral at UBS.
• Warnaco (WRC) to outperform from market perform and Melco Crown (MPEL) to market perform from underperform at Wells Fargo.
• Parker-Hannifin (PH) and Emerson Electric (EMR) to buy from neutral at Goldman.
• AMD (AMD) to buy from neutral at Nomura.
• Novellus (NVLS) and Sherwin-Williams (SHW) to equal weight from underweight at Morgan Stanley.
• OpenTable (OPEN) to outperform from market perform at Morgan Keegan.
• Skilled Healthcare (SKH) to buy from hold at Jefferies.
• Lear (LEA) to overweight from equal weight at Barclays.
• Adobe (ADBE) to buy from neutral at BofA/Merrill.

Continue reading Analyst Calls: AMD, BCS, BJ, CVC, EMR, GE, NVLS, PCG, PH, VLO, XOM ...

Analyst Calls: AMD, BCS, BJ, CVC, EMR, GE, NVLS, PCG, PH, VLO, XOM ... originally appeared on BloggingStocks on Mon, 10 Jan 2011 12:00:00 EST. Please see our terms for use of feeds.

Sherwin-Williams (SHW - option chain) stock is trading lower today after the company reported third-quarter earnings this morning, posting a profit of $175.26 million, or $1.60 per share, on revenue of $2.172 billion. Analysts had forecast a profit of $1.68 per share on revenue of $2.18 billion.

Sherwin-Williams also cut the top end of its full-year forecast from $4.52 to $4.22 and issued Q4 guidance of $0.59 - $0.69, which is well under analysts' estimates of $0.80. If you think this stock won't be rising too far in the coming months, then it could be a good time to look at a bearish hedged play on SHW.

Continue reading Sherwin-Williams Q3 Earnings Miss Estimates

Sherwin-Williams Q3 Earnings Miss Estimates originally appeared on BloggingStocks on Tue, 26 Oct 2010 13:30:00 EST. Please see our terms for use of feeds.

If you took the opportunity to take some profits off the table this summer with paint-supplier supreme Sherwin-Williams (SHW) it proved to be a wise move, as shares dipped from about $78 to the $72 level. However, I still like the shares, which I first wrote about here on June 12, 2009, at a price of $55.10.

Look for Sherwin to post a 6% to 8% 2010 revenue increase, after an 11% decline in 2009.

Totally unsexy paint-supplier Sherwin-Williams is not likely to grace the cover of Fortune or Forbes magazine anytime soon, but investors will accept the company's profits just the same.

Continue reading The Sherwin-Williams Summer Dip Appears to Be Over

The Sherwin-Williams Summer Dip Appears to Be Over originally appeared on BloggingStocks on Tue, 12 Oct 2010 12:40:00 EST. Please see our terms for use of feeds.

Is something developing behind the scenes at Sherwin-Williams (SHW)? Options-trading activity would seem to suggest as much. On Friday, we saw unusual put buying at the April 65 put, as an investor bought 10,000 of these near-the-money contracts, perhaps preparing for anticipated downside in the shares.

Continue reading Strange Things Afoot at Sherwin-Williams

Strange Things Afoot at Sherwin-Williams originally appeared on BloggingStocks on Mon, 22 Mar 2010 13:10:00 EST. Please see our terms for use of feeds.

Continue reading Consider Sherwin-Williams, Because Paint Sales Will Rebound with Housing

Consider Sherwin-Williams, Because Paint Sales Will Rebound with Housing originally appeared on BloggingStocks on Fri, 05 Mar 2010 15:30:00 EST. Please see our terms for use of feeds.

Here are some highlights from this past week's earnings coverage on BloggingStocks:

• Amazon.com Inc. (AMZN) better-than-expected Q4 numbers due to strong holiday sales of media products.
• BlackRock Inc. (BLK) reported strong Q4 results and doubled assets under management due to an acquisition.
• Caterpillar Inc. (CAT) shares fell despite better-than-expected Q4 earnings as guidance fell short of the Street view.
• DeVry Inc. (DV) reported better-than-expected Q2 numbers due to increasing enrollments, which lifted shares.
• EMC Corp. (EMC) reported strong Q4 results that beat the Street view and offered full-year guidance.
• General Dynamics Corp. (GD) Q4 results fell short of expectations and its guidance was less than estimates.

Continue reading Earnings Highlights: Amazon, Caterpillar, General Dynamics, Netflix, P&G, 3M, Verizon ...

Earnings Highlights: Amazon, Caterpillar, General Dynamics, Netflix, P&G, 3M, Verizon ... originally appeared on BloggingStocks on Sat, 30 Jan 2010 14:40:00 EST. Please see our terms for use of feeds.

Let's check out some earnings reports from earlier in the week. We have Mattel (MAT), a toy business, Newell Rubbermaid (NWL), a consumer products company, and Sherwin-Williams (SHW), a supplier of fine paints. In all three cases, we'll see that technical concerns may outweigh fundamental strengths.

Mattel: Everyone loves toys, right? They're fun to play with. But no one wants to invest blindly in a stock even though it represents games and action figures. That's where the hard data come in. According to the fourth-quarter press release, Mattel made 89 cents per share, representative of an 80% increase. Incredible, huh? A higher gross profit and a better handle on operating efficiency drove the growth. Better commodity costs also helped out.

Continue reading Three Q4 Reports: Mattel, Newell Rubbermaid, Sherwin-Williams

Three Q4 Reports: Mattel, Newell Rubbermaid, Sherwin-Williams originally appeared on BloggingStocks on Sat, 30 Jan 2010 09:40:00 EST. Please see our terms for use of feeds.

Continue reading Sherwin-Williams remains in an uptrend

Sherwin-Williams remains in an uptrend originally appeared on BloggingStocks on Tue, 15 Dec 2009 16:40:00 EST. Please see our terms for use of feeds.

Continue reading Sherwin-Williams: As expected, uptrend continues

Sherwin-Williams: As expected, uptrend continues originally appeared on BloggingStocks on Mon, 05 Oct 2009 14:00:00 EST. Please see our terms for use of feeds.

Men's Wearhouse (NYSE: MW) closed at $24.99 after reporting a mixed Q3 outlook. MW options were active on contract volume of 3,238. MW September option implied volatility is at 45, October is at 51; below its 26-week average of 71, according to Track Data, suggesting decreasing price movement.

Sherwin-Williams (NYSE: SHW) closed at $58.65 after KeyBanc lowered its rating on SHW to Hold from Buy. SHW options were active on contract volume of 11,680. SHW September and October option implied volatility of 31 is below its 26-week average of 39, according to Track Data, suggesting decreasing price movement.

Option Update is provided by Stock Specialist Paul Foster of theflyonthewall.com.

Options Update: Men's Wearhouse puts active on profit taking after EPS originally appeared on BloggingStocks on Fri, 11 Sep 2009 08:00:00 EST. Please see our terms for use of feeds.

Sherwin-Williams (NYSE: SHW) closed at $53.73. SHW is expected to report Q2 EPS on July 21. SHW options were active on 11,569 contracts. SHW July option implied volatility is at 35, August is at 39; below its 26-week average of 43, according to Track Data, suggesting decreasing price movement.

Wyndham (NYSE: WYN) closed at $11.02 WYN is expected to report Q2 EPS on July 29. WYN options were active on July 6 with 17,333 contracts trading. WYN July option implied volatility is at 70, August is at 68; below its 26-week average of 98 according to Track Data, suggesting decreasing price movement.

Option Update is provided by Stock Specialist Paul Foster of theflyonthewall.com.

Options Update: Sherwin-Williams and Wyndham options active on low volatility originally appeared on BloggingStocks on Tue, 07 Jul 2009 08:30:00 EST. Please see our terms for use of feeds.

Just call paint manufacturer giant Sherwin-Williams Co. (NYSE: SHW) an anticipatory play.

Here, the play concerns the argument that analysts have projected an overly negative performance for SHW in F2009. Most see a 5 to 10% revenue decline, due to a contracting home sector, which has weighed on paint sales.

Continue reading For Sherwin-Williams, it's a world filled with sprucing-up

For Sherwin-Williams, it's a world filled with sprucing-up originally appeared on BloggingStocks on Fri, 12 Jun 2009 11:40:00 EST. Please see our terms for use of feeds.

Analyst upgrades:

• Janney Montgomery upgraded Aqua America (NYSE: WTR) to Buy from Neutral on valuation, viewing the recent weakness as a buying opportunity. The firm has a $19 target on the stock.
• UBS upgraded Gildan Activewear (NYSE: GIL) to Buy from Neutral due to customer Broder's improved liquidity and the improved outlook for margins.
• RBC Capital upgraded State Street (NYSE: STT) to Top Pick from Outperform and raised its target to $55 from $40. The analyst said the $2B capital raise addresses TCE ratio concerns and large unrealized losses in the investment portfolio.
• Sherwin-Williams (NYSE: SHW) was upgraded to Overweight from Neutral at JP Morgan.
• Advance Auto Parts (NYSE: AAP) was upgraded to Buy from Underperform at Banc of America/Merrill.
• M&T Bank (NYSE: MTB) was upgraded to Outperform from Market Perform at Bernstein.

Continue reading Analyst upgrades, downgrades and initiations: WTR, GIL, STT, EHTH, AKZOY, MEOH, UTHR and HGG

Analyst upgrades, downgrades and initiations: WTR, GIL, STT, EHTH, AKZOY, MEOH, UTHR and HGG originally appeared on BloggingStocks on Tue, 19 May 2009 11:00:00 EST. Please see our terms for use of feeds.

Alcoa Inc. (NYSE: AA) started off the new earnings season with disappointing results that helped to stifle the recent rally. Was that enough of a sign of what's to come? No, probably not. But the earnings reports start to fly in earnest this week, which should provide a more detailed picture of the state of things.

Analysts surveyed by Thomson Reuters anticipate that some of the biggest names will prove to be holding their own. Google Inc. (NASDAQ: GOOG) is expected to post a profit of $4.91 per share, marginally higher than a year ago, and Johnson & Johnson's (NYSE: JNJ) expected $1.22 per share profit is slightly lower year over year. Even Mattel Inc.'s (NYSE: MAT) estimated loss of $0.13 per share is the same as in the year-ago period.

Continue reading The week in preview: The new earnings season ramps up

The week in preview: The new earnings season ramps up originally appeared on BloggingStocks on Sun, 12 Apr 2009 12:30:00 EST. Please see our terms for use of feeds.

Analyst upgrades:

• Calyon upgraded major network carriers based on falling oil prices and capacity cuts. The analyst is positive over the next 12 months but cautious short-term given the uncertain economy, and volatile markets and oil prices. AMR Corp (NYSE: AMR) and Delta Air (NYSE: DAL) were upgraded to Add from Neutral and UAL Corp (NASDAQ: UAUA) was raised to Neutral from Reduce.
• Ryanair (NASDAQ: RYAAY) was upgraded at Citigroup to Buy from Hold.
• Boardwalk Pipeline (NYSE: BWP) was raised to Buy from Hold at Deutsche Bank.
• Cowen lifted Biogen Idec (NASDAQ: BIIB) to Outperform from Neutral.
• JP Morgan upgraded Choice Hotels (NYSE: CHH) to Neutral from Underweight following the better-than-expected Q3 report.
• Oppenheimer upgraded shares of Integra LifeSciences (NASDAQ: IART) to Outperform from Perform on valuation, the company's minimal exposure to economic conditions, and expectations for margin improvement and a rebound in organic growth.

• Sherwin-Williams (NYSE: SHW) and AerCap Holdings (NYSE: AER) were downgraded to Neutral from Overweight at JP Morgan.
• UBS downgraded Embarq (NYSE: EQ) to Neutral from Buy following the CenturyTel (NYSE: CTL) merger announcement.

Continue reading Analyst calls: AMR, DAL, UAUA, RYAAY, BIIB, SHW, EQ, INTU, NYT, GOOG, YHOO ...

Analyst calls: AMR, DAL, UAUA, RYAAY, BIIB, SHW, EQ, INTU, NYT, GOOG, YHOO ... originally appeared on BloggingStocks on Tue, 28 Oct 2008 10:25:00 EST. Please see our terms for use of feeds.

As the second quarter earnings crunch begins in earnest this week, the bear market has investors jittery and prognosticators spinning out dire warnings. In the wake of mixed results from Alcoa (NYSE: AA) and General Electric (NYSE: GE) kicking things off last week, here's a look at what Wall Street is expecting from many of the companies scheduled to report this coming week.

Analysts surveyed by Thomson Financial are expecting the following companies to report a rise in earnings when compared to the same period of the previous year.

• Nucor Corp. (NYSE: NUE): $1.80 EPS (36.6%) on sales of $6.4 billion (+53.0%)
• Google Inc. (NASDAQ: GOOG): $4.74 EPS (24.9%) on sales of $3.9 billion (+41.6%)
• Nokia Corp. (NYSE: NOK): 56 cents EPS (23.2%) on sales of $19.9 billion (+17.8%)
• CSX Corp. (NYSE: CSX): 90 cents EPS (21.1%) on sales of $2.9 billion (+12.8%)
• Altera Corp. (NASDAQ: ALTR): 27 cents EPS (18.5%) on sales of $346.7 million (+8.4%)
• IBM (NYSE: IBM): $1.82 EPS (+17.6%) on sales of $25.9 billion (+9.0%)
• eBay Inc. (NASDAQ: EBAY): 41 cents EPS (17.1%) on sales of $2.2 billion (+18.0%)
• W.W. Grainger Inc. (NYSE: GWW): $1.46 EPS (17.1%) on sales of $1.7 billion (+8.0%)
• Microsoft Corp. (NASDAQ: MSFT): 47 cents EPS (17.0%) on sales of $15.7 billion (+17.0%)
• Honeywell International Inc. (NYSE: HON): 94 cents EPS (17.0%) on sales of $9.2 billion (+7.9%)

Continue reading The week in preview: Expectations as the earnings crunch begins

The week in preview: Expectations as the earnings crunch begins originally appeared on BloggingStocks on Sun, 13 Jul 2008 12:30:00 EST. Please see our terms for use of feeds.

After hitting a one-year high of $73.96 last July, the stock hit a one-year low of $45.89 yesterday. SHW opened this morning at $48.29. So far today the stock has hit a low of $45.82 and a high of $48.86. As of 11:55, SHW is trading at $47.36, up $1.43 (3.1%). The chart for SHW looks bearish and steady, while S&P gives the stock a neutral 3 Stars (out of 5) Hold rating.

For a bullish hedged play on this stock, I would consider an August bull-put credit spread below the $40 range. A bull-put credit spread is an options position that combines the purchase and sale of put options to hedge risk in case the stock doesn't do what you think but still leverage nice returns. For this particular trade, we will make a 7.5% return in just seven weeks as long as SHW is above $55 at August expiration. Sherwin-Williams would have to fall by more than 15% before we would start to lose money. Learn more about this type of trade here.

Continue reading Sherwin-Williams (SHW) gets favorable court ruling

Sherwin-Williams (SHW) gets favorable court ruling originally appeared on BloggingStocks on Tue, 01 Jul 2008 13:34:00 EST. Please see our terms for use of feeds.

Here are some highlights from this past week's earnings coverage from BloggingStocks:

• Bob Evans Farms Inc. (NASDAQ: BOBE) posted stronger-than-expected Q4 earnings.
• Ciena Corp. (NASDAQ: CIEN) beat earnings expectations, but share prices slipped anyway.
• Daktronics Inc. (NASDAQ: DAKT) Q4 results beat expectations and it raised its revenue outlook.
• Diageo (NYSE: DEO) is recession-proof and should deliver solid results, predicts one adviser.
• Donaldson Company Inc. (NYSE: DCI) beat Q3 expectations and raised its full-year guidance.
• Ensco International Inc. (NYSE: ESV) was upgraded because of its earnings growth potential.
• Lehman Brothers Holdings Inc. (NYSE: LEH) earnings prospects don't impress Jim Cramer.
• Netezza Corp. (NYSE: NZ) beat Q1 expectations and offered full-year revenue guidance.
• Potash Corp. (NYSE: POT) earnings are "set to soar" says one analyst, due to rising demand and prices.
• Sherwin-Williams Co. (NYSE: SHW) lowered its Q2 and full-year forecasts, sending shares down.
• Take-Two Interactive Software Inc. (NASDAQ: TTWO) beat Q2 estimates on Grand Theft Auto IV demand.
• Trina Solar Ltd. (NYSE: TSL) beat Q1 estimates but shares fell on the disappointing Q2 outlook.
• Wal-Mart Stores Inc. (NYSE: WMT) was upgraded due to its earnings outlook and increased productivity.

See also: Earnings highlights: Toll Bros., National Semiconductor, Dr Pepper, Guess and others

Also, continued real estate losses are expected to hurt the quarterly reports of banks such as like Wachovia (NYSE: WB), Wells Fargo (NYSE: WFC), and National City (NYSE: NCC). And Steven Mallas wonders why Playboy (NYSE: PLA) shares have tanked since its last earnings report.

Upcoming results to watch for include Krispy Kreme (NYSE: KKD), Pall Corp. (NYSE: PLL), Pep Boys (NYSE: PBY), Korn Ferry (NYSE: KFY), and Casey's General Stores (NASDAQ: CASY).

Visit AOL Money & Finance for more earnings coverage.

Earnings highlights: Wal-Mart, Lehman Bros., Take-Two, Ciena, Trina Solar and others originally appeared on BloggingStocks on Sat, 07 Jun 2008 09:10:00 EST. Please see our terms for use of feeds.