Home Market News Painting a Picture with Sherwin-Williams and Valero Energy: CNBC’s Investment Insights

Painting a Picture with Sherwin-Williams and Valero Energy: CNBC’s Investment Insights

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Painting a Picture with Sherwin-Williams and Valero Energy: CNBC’s Investment Insights

Splashes of Success: Sherwin-Williams Shines Bright

With a deft stroke, Karen Firestone of Aureus Asset Management presented The Sherwin-Williams Company (NYSE: SHW) as her final trade on CNBC’s “Halftime Report Final Trades.” This move comes on the heels of Sherwin-Williams’ report of fourth-quarter revenue reaching $5.252 billion on January 25, surpassing the consensus mark of $5.220 billion. A brush with sales growth at 0.4% year over year only adds to the allure.

Valero Energy: Fuelling Positive Returns

Joseph Terranova of Virtus Investment Partners chose Valero Energy Corporation (NYSE: VLO) as his final trade, highlighting the company’s recent financials. Valero Energy reported fourth-quarter revenue of $35.41 billion on January 25 – slightly below the consensus of $35.69 billion. However, the adjusted EPS of $3.55 outperformed the expected $2.95, as per insights from Benzinga Pro. Notably, on January 18, the Board of Directors sweetened the deal with an uptick in the regular quarterly cash dividend per share to $1.07, up from $1.02.

Market Movements:

  • Sherwin-Williams shares descended by 1.7%, closing at $336.81 on Wednesday.
  • The iShares U.S. Real Estate ETF experienced a 0.5% dip during Wednesday’s trading session.
  • Valero Energy shares surged by 5.2%, settling at $158.63 on Wednesday.

Check out what came to light: Top 4 Financial Stocks That May Collapse This Quarter

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