1 Retailer Seeing Lots of Green
The following video is from Monday's MarketFoolery podcast, in which host Chris Hill, along with analysts Joe Magyer and Jason Moser, discuss the top business and investing stories.
Sherwin-Williams announced Monday that it will be purchase Mexican paint manufacturer Comex for $2.3 billion. In this segment, the guys discuss why the strength of a company like Sherwin-Williams means it can afford such a deal, even though the company's own market cap is only around $15 billion itself, and why this is such a good move for a company already on the ascendency in recent years.
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The article 1 Retailer Seeing Lots of Green originally appeared on Fool.com.Chris Hill, Jason Moser, and Joe Magyer have no positions in the stocks mentioned above. The Motley Fool owns shares of Sherwin-Williams. Motley Fool newsletter services recommend Home Depot, Lowe's, and Sherwin-Williams. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.