Housing MarketWith share gains, solid control over pricing, and an expected recovery in housing end markets, SHW is seen as a multi-year story with at least mid-teens EPS growth.
Investment SpendingThe 2023 step-up in investment spending will increase the company's growth algorithm (share gains) and support a higher earnings multiple.
Market PositioningSherwin's consistency/reliability is frequently cited as its key differentiator versus peers, helping maintain/grow wallet share with existing customers and win new upstart customers.