Sherwin-Williams Stands to Gain at the Expense of Home Depot and Lowe's
Leave it to the pros. While painting a home is considered one of the cheapest ways to spruce up a house, whether you're selling it or staying put, the actual drudgery of applying paint to brush has apparently caused more people to opt to hire someone to do it.
Sherwin-Williams (NYSE: SHW) says consumers are increasingly shifting from do-it-yourself to do-it-for-me when to comes to paint, and while big-box retailers like Home Depot (NYSE: HD) and Lowe's (NYSE: LOW) target the professional market, it's still the paint and coatings specialist who will benefit most.
Image source: Getty Images.
Source: Fool.com