One important metric to look for in a stock is an 80 or higher Relative Strength Rating. Sherwin-Williams stock just hit that mark, with a jump from 75 to 83 Thursday.
When you're researching the best stocks to buy and watch, be sure to pay attention to relative price strength.
This exclusive rating from Investor's Business Daily tracks share price action with a 1 (worst) to 99 (best) score. The rating shows how a stock's price performance over the trailing 52 weeks compares to all the other stocks in our database.
Decades of market research shows that the best stocks tend to have an RS Rating north of 80 as they begin their biggest climbs.
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Is Sherwin-Williams Stock A Buy?
Sherwin-Williams stock is building a flat base with a 283.80 buy point. See if the paint maker stock can break out in heavy volume. Read "Looking For The Next Big Stock Market Winners? Start With These 3 Steps" for more tips.
Earnings growth picked up last quarter from 27% to 37%. But revenue gains fell from 9% to 6%. The next quarterly numbers are expected on or around Oct. 24.
Sherwin-Williams stock holds the No. 1 rank among its peers in the Chemicals-Paints industry group. Check out "These Are The 5 Best Stocks To Buy And Watch Now."
