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InvestorPlace’s 10 Best Stocks of 2013: Mid-Year Standings

It's a tight race, including two ties in the top five

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#2 (tie): Sherwin-Williams

Sherwin-Williams SHWQ2 Return: +5%
YTD Return:
Louis Navellier

Inching ahead of Daimler is Louis Navellier’s “recession-proof” pick of Sherwin-Williams (SHW). While Sherwin-Williams has a solid track record when the economic landscape is bleak — part of the reason Navellier picked it in in the first place — it does even better when the housing market is booming.

And booming it has been.

That reality — combined with the company’s big-time acquisition of a Mexican paint company late last year — helped the company post record net income and sales in the first quarter, and is why SHW is expecting another 20% earnings improvement for Q2.

Of course, many think the housing market’s hot run simply cannot continue in the second half of the year. The question is whether SHW will slow down with it.

Article printed from InvestorPlace Media,

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