Chart of the Day - Sherwin-Williams Company (SHW)

The "Chart of the Day" is Sherwin-Williams Company (SHW), which showed up on Friday's Barchart "All-Time High" list. Sherwin-Williams posted an all-time high Friday at $143.38 and closed up +2.02%. TrendSpotter has been long Sherwin-Williams since July 26 at $133.17. In recent news on the stock, Jim Cramer on his "Mad Money" show on Aug 14 said it was "time to go shopping for home-related stocks" due to improvement in the housing market and that Sherwin-Williams was a "Buy." On Aug 7, Sherwin-Williams reported Q2 earnings of $2.17 per share, beating analysts' estimates of $2.13 and that its first-half 2012 sales were $4.71 billion, up +11.9% y/y from $4.21 billion in the first-half of 2011. Sherwin-Williams, with a market cap of $14.445 billion, is a manufacturer, distributor and retailer of paint, coatings and related products. It is the one of largest paint companies in the United States and in the world. Well known brands include Sherwin-Williams, Dutch Boy, Pratt & Lambert, Martin-Senour, Thompson's, Minwax and Krylon.