The Valspar Corp (NYSE:VAL)
A global paint and coatings manufacturer; manufactures and distributes: Architectural paints, Automotive refinish, Industrial coatings, Packaging coatings and inks, Specialty polymers and Furniture protection plans.
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Better opportunity elsewhere.
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#1 paint producer and with the housing market set for an upward trend, makes this stock even more desireable!
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http://www.fivecentnickel.com/2011/01/10/investing-in-the-dividend-champions/
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i love valspar but it has reached the high end of its earnings range...........pull back to low 20"s very probable based on 5 yr.charting.....even in good times, prior to the recession the stock generally maxed out at aprox. $29.00 and spends a lot of time in the low $20"s.....be careful at this level
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what we won't need gas
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bad paint company, in bad market segment
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paint this
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I believe this stock will be trading at $80 plus in a year or so.
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Great Stock over the last 20 years. Improving profitability every year. Increasing dividend everyyear. Product is best in class among competition in home improvement stores. Primary premium paint sold by Lowe's. Demand for Company's products is highest in its history.
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Introduction of Valspar brand into Lowes and now, Home Depot is going to consumerize a legacy commercial brand. Entering Chinese market by acquisition and 80% ownership of Chinese company, that allows them to also float their other prodcuts into the chain.
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I have to say my friend works for this company and what he tells me i can honestly say that this is a good company with a stong level headed management so my advise is to keep an eye on this stock i think we'll see some better benefits with this company in the later times!
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