Buy Sherwin-Williams as higher costs are already baked into the stock, Bank of America says

Published Tue, Mar 22 20227:07 AM EDT

Jesse Pound @/in/jesse-pound @jesserpound

Pigment is added to a gallon of ProMar 200 paint, an interior latex with zero volatile organic compounds, at a Sherwin-Williams store in Princeton, Illinois.

Daniel Acker | Bloomberg | Getty Images

The inflation-driven decline for Sherwin-Williams has gone far enough, according to Bank of America.

More In Analyst Calls

Stock spinoffs are one of the hottest trades going this year. How to participate

Hakyung Kiman hour ago

How a strained consumer 'plays right into' the hands of this discount retailer

Alex Harring6 hours ago

This restaurant chain specializing in salads is primed to surge nearly 50%, Oppenheimer says

Brian Evans