5 High Growth Chemical Stocks to Buy

Page 5 of 5

1. The Sherwin-Williams Company (NYSE:SHW)

Number of Hedge Fund Holders: 83

The Sherwin-Williams Company (NYSE:SHW) is one of the 10 High Growth Chemical Stocks to Buy.

On April 9, 2026, Wells Fargo downgraded The Sherwin-Williams Company (NYSE:SHW) from Overweight to Equal Weight, lowering its price target from $410 to $365. The firm expects the company to face more significant volume pressure compared to peers like RPM (RPM) and PPG Industries (PPG). The conflict in Iran has resulted in a broad-based inflation across commodity chains, driving up raw material costs for coatings. In addition to the margin compression, the firm’s analysts believe that sales growth will be challenged by a difficult macro environment and housing affordability. Accordingly, Wells Fargo lowered its estimates for The Sherwin-Williams Company (NYSE:SHW) to reflect a weakening U.S. housing outlook as well as the rising financial burden of higher input costs.

Previously, on April 1, 2026, Citi lowered its price target on The Sherwin-Williams Company (NYSE:SHW) from $410 to $385 and kept a Buy rating on the stock, citing the changes in the cost of key raw materials for coating following the rise in oil prices and supply disruptions. However, as of April 17, 2026, 54% of 28 analysts have shown confidence in the stock’s growth capabilities by assigning a Buy rating. The 1-year median upside potential stands at 10.69%.

Founded in 1866, The Sherwin-Williams Company (NYSE:SHW) is a global leader in the manufacture, development, and sale of paints and coatings. The Ohio-based company operates through a network of over 5,000 company-operated stores and various retail channels.

While we acknowledge the potential of SHW to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than SHW and that has 100x upside potential, check out our report about the cheapest AI stock.

READ NEXT: MLP Stocks List: 20 Largest MLPs and 10 Top Stocks Fund Managers Are Loading Up On in 2026.

Disclosure: None. Insider Monkey focuses on uncovering the best investment ideas of hedge funds and insiders. Please subscribe to our free daily e-newsletter to get the latest investment ideas from hedge funds’ investor letters by entering your email below.

Page 5 of 5