Trader Radar - Thursday October 16th
Q: On Fast Money’s trader radar we look at the stock that was lighting up screens across Wall Street. This paint company’s founder patented the re-sealable tin can in the 1800’s and the company’s ambitious slogan tells its users to “cover the earth.” Customers have apparently taken heed, as the shares rallied Thursday on signs of strong demand despite the dismal housing market. Who is it?
A: On the trader radar tonight we’re watching Sherwin-Williams ! The largest domestic paint retailer was among the most active names on the NYSE.