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.

The earnings crunch continues this week, and analysts surveyed by Thomson Reuters are anticipating lots of strong quarterly reports.

For example, year-over-year earnings growth from big oil Chevron (CVX), ConocoPhillips (COP), ExxonMobil (XOM) and Royal Dutch Shell (RDS.A) are expected to be in double digits. The same is true of many other energy and mining concerns reporting this week: Allegheny Technologies (ATI), Alliant Energy (LNT), Arch Coal (ACI), Cliffs Natural Resources (CLF), CMS Energy (CMS), CONSOL Energy (CNX), DPL (DPL), Hess Corp. (HES), Minerals Technologies (MTX), Pioneer Natural Resources (PXD), PPL Corp. (PPL), Southwestern Energy (SWN), Total (TOT), Whiting Petroleum (WLL), Williams Companies (WMB) and Wisconsin Energy (WEC).

Continue reading Week in Preview: The Earnings Crunch Rolls On (MSFT, COP, V)

Week in Preview: The Earnings Crunch Rolls On (MSFT, COP, V) originally appeared on BloggingStocks on Sun, 24 Oct 2010 12:30:00 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.

• BMO Capital upgraded Intercontinental Exchange (ICE) to Outperform from Market Perform based on valuation and the company's growth outlook. The firm has a price target of $125 on the stock.
• Morgan Keegan upgraded WESCO (WCC) to Outperform from Market Perform ahead of Thursday's earnings report based on valuation and expectations for stronger than expected sales.
• Keefe Bruyette upgraded Bank of Marin (BMRC) to Outperform from Market Perform with a $40 price target following the company's Q2 results.
• BHP Billiton (BHP) was upgraded to Overweight from Equal Weight at Barclays.
• PPG Industries (PPG) was upgraded to Overweight from Equal Weight at Morgan Stanley.
• Schnitzer Steel (SCHN) was upgraded to Buy from Neutral at UBS.

Continue reading Analyst Calls: ICE, BHP, PETS, GLW, TEL, SFLY

Analyst Calls: ICE, BHP, PETS, GLW, TEL, SFLY originally appeared on BloggingStocks on Tue, 20 Jul 2010 13:00:00 EST. Please see our terms for use of feeds.

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

Sherwin-Williams: Time to Take Some Profits off the Table? originally appeared on BloggingStocks on Fri, 04 Jun 2010 15:00:00 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.

From TheStreet.com Network

• Top Equity ETFs of 2009
• Buffett's Legacy Shows Values Matter

Continue reading Cramer on BloggingStocks: Endless Caveats Don't Make You Any Money

Cramer on BloggingStocks: Endless Caveats Don't Make You Any Money originally appeared on BloggingStocks on Wed, 23 Dec 2009 10:00:00 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.

Analyst upgrades:

• Citigroup upgraded Polaris Industries (NYSE: PII) to Buy from Hold after channel checks indicated the company's sales trends improved through September. The firm raised its target on shares to $49 from $33.
• Jefferies upgraded Citrix Systems (NASDAQ: CTXS) to Hold from Underperform after channel checks indicated IT spending will be strong in the second half of 2009, but the firm finds the stock fully valued at current levels. Jefferies raised its target on shares to $40 from $32.
• Pali Captital upgraded Abercrombie & Fitch (NYSE: ANF) to Buy from Neutral on valuation and expectations that lower pricing and international growth will be catalysts going forward. The firm set a $45 price target on shares.
• Plum Creek Timber (NYSE: PCL) was upgraded to Neutral from Underweight at JPMorgan.
• Advanced Micro (NYSE: AMD) was upgraded to Buy from Neutral at UBS.
• PPD Inc. (NASDAQ: PPDI) was upgraded to Outperform from Neutral at Baird.

Continue reading Analyst upgrades, downgrades and initiations: ANF, DPS, LMT, NOK, OXY, SHW ...

Analyst upgrades, downgrades and initiations: ANF, DPS, LMT, NOK, OXY, SHW ... originally appeared on BloggingStocks on Mon, 12 Oct 2009 11:50:00 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.

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.