We recently published 12 Latest Stocks On Jim Cramer’s Radar. The Sherwin-Williams Company is one of the stocks Jim Cramer recently discussed.
The Sherwin-Williams Company is a paint and chemicals company whose shares have struggled in tandem with the broader sector’s woes. However, the shares might have been in the red this year had it not been for a 10% since July end. The Sherwin-Williams Company’s shares appeared to have benefited from growing optimism about an interest rate cut after a shocking labor market report. Cramer linked the share price performance to the home renovation market:
“Now I like SHW but we’ve got to be careful. . . But Sherwin-Williams is a belief that people are gonna fix up their house. There’s going to be renovation. That’s always been what you have right here. I think Sherwin-Williams shouldn’t be a Sell.”
Here are his previous thoughts about The Sherwin-Williams Company:
“[On firm saying demand softness expected to continue if not deteriorate in H2] Yeah that’s the do it yourself division. Which is really bad.”
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This article is originally published at Insider Monkey.
