Shaers of The Sherwin-Williams Company (NYSE:SHW) have been recommended as a long term growth pick. With the firm’s stock price currently trading around $407.02, the firm has proven a solid track record of growth over the recent years. Investors might consider the stock as a long term growth candidate as the firm has yielded 23.70% earnings per share growth over the past 5 years and 6.20% revenue growth over that same time frame.
Long-term growth (LTG) is an investing strategy where a stock will (hopefully) grow in value for a relatively long period of time. Long-term growth should be considered to be a relative term, due to different styles and goals of investors, but the endgame is the same.
A “buy-and-hold” investor will consider long-term growth as a longer time period then a day trader will. The buy-and-hold strategy looks ahead farther into the future, giving short-term price swings less consideration as long as the fundamentals stay the same. A trader is looking more closely at a weekly, or shorter, time frame and is more interested in immediate price fluctuations.
Let’s take a look at how the stock has been performing recently. Over the past twelve months, The Sherwin-Williams Company (NYSE:SHW)’s stock was 51.45%. Over the last week of the month, it was 0.36%, 17.32% over the last quarter, and 15.40% for the past six months.
Over the past 50 days, The Sherwin-Williams Company’s stock is -1.68% off of the high and 14.49% removed from the low. Their 52-Week High and Low are as follows: -1.68% (High), 53.51%, (Low).
Despite the past success, investors want to know where the stock is headed from here. Analysts covering the shares have a consensus short-term price target of $418.20 on the equity. Analysts have a consensus recommendation of 2.00 based on a 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.