This Stock is in an Uptrend

Today, we’re looking at a thriving company in a “boring” industry…

Regular readers know we love companies with simple business models. These companies don’t have to use up lots of cash chasing the next big innovation. They “sell the basics” – like tools and cleaning products. Today’s company follows the same “basic” business model…

Sherwin-Williams (SHW) is a $44 billion industrial company.

It specializes in making paints and coatings.

The company boasts well-known brands like Valspar (paints) and Cabot (wood finishes), as well as its own Sherwin-Williams brand.

And folks everywhere are using these products to brighten up their homes… In the most recent quarter, Sherwin-Williams reported record sales of nearly $4.8 billion.

That’s an increase of almost 28% from the same period last year.

As you can see in the chart below, Sherwin-Williams is in an uptrend. The stock is up nearly 40% over the past year, and recently hit an all-time high. It’s just one more example of how companies with boring businesses can generate stellar returns…

Claim a 100% Risk-Free Trial to DailyWealth Trader... [sponsor]
For a limited time, get immediate access to "the best of" Stansberry Research's trading ideas. As one reader said: "I am 11 for 11 so far... in less than 2 months." Learn more here.

Source: Daily Wealth’s Market Notes