Power Play: Capturing growth with Sherwin-Williams

A customer leaves a Sherwin-Williams Co. store
Daniel Acker | Bloomberg | Getty Images
A customer leaves a Sherwin-Williams Co. store

Stocks are rallying on Wednesday, with the Dow holding a triple-digit gain.

Bruce McCain, chief investment strategist at Key Private Bank, tells CNBC's "Power Lunch" the equity markets have recovered nicely, but the upside from here will be slower.

Read MoreCramer: Signs an earnings explosion is coming

In this environment, McCain is overweight U.S. large-caps. One of his favorite stocks is Sherwin-Williams.

The company "provides low-volatility to growth within the housing sector [and] secondary exposure to increased 'updating' as people have more discretionary income," McCain said.

Sherwin-Williams is little changed during trading, but is up nearly 15 percent year-to-date.