Stocks to Buy for the Next Decade: Sherwin-Williams (SHW)
Ulta Beauty helps women with their beauty needs; Sherwin-Williams Co (NYSE:SHW) does the same for houses and businesses around the world.
What’s the one thing real estate professionals suggest you should do when selling your home? Give it a fresh coat of paint. It’s the most cost-effective improvement you can make to bring in better offers.
Sherwin-Williams originally tried to buy Mexican paint company Comex in 2014 but was beaten out by PPG Industries, Inc. (NYSE:PPG). More than two years later, it’s in the homestretch of closing its $11.3 billion acquisition of The Valspar Corp (NYSE:VAL), which will significantly improve its position in the coatings business outside North America.
Over the past decade, SHW has achieved a total return of 17.6% through April 17, more than double the S&P 500.
If any stock can repeat this kind of performance over the next decade, Sherwin-Williams has to be at the top of the list.