Why PPG Industries Is Still a Buy
The case for buying stock in paintings and coatings company PPG Industries (NYSE: PPG) is definitely not based on the idea that its end markets are firing on all cylinders right now. However, on a risk/reward basis, the stock actually looks like a good value. Let's take a look at what's going on with the Dividend Aristocrat, and why it's an attractive stock for long-term investors.
Last year wasn't a great one for the industrial sector, and as you can see below sales actually declined for PPG on a reported basis. What's more, management's guidance for 2020 calls for sales growth of 1%-3% (including acquisitions, which should be responsible for 1% growth), so it's fair to say 2020 will be another year of anemic growth.
2019
Source Fool.com
