SHW

The Sherwin-Williams Company

Date

Sep 20

With 7% mortgages, owners renovate instead of moving, good news for Lowe's and Sherwin-Williams

Mortgage rates near 7% cut home sales, and they also keep owners with low fixed rates from moving. Many spend on renovation instead. Investors are selling housing stocks broadly, but home improvement retailers like Lowe's and Floor & Decor and paint maker Sherwin-Williams could gain from that spending.

Good for ↑FNDSHW

LOW

thenewsherald.comSep 20

Consumer Discretionary