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Why Sherwin-Williams Stock Is Up Today

TheMotleyFool

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Why Sherwin-Williams Stock Is Up Today: https://g.foolcdn.com/editorial/images/784253/gettyimages-909271534-home-improvement-painting-house-paint.jpg

Americans are buying more paint and are willing to pay higher prices for it.

Shares of Sherwin-Williams (NYSE: SHW) were up 4% as of 10:30 ET following a strong earnings report.

Investors knew coming into this earnings season that high interest rates have eaten into home construction and renovations, but consumers appear to be moving forward with smaller home improvement jobs like painting.

Source Fool.com