Friday, October 9, 2015

Time to Buy Stock in PPG Industries?

Painting and coatings manufacturer PPG Industries is a curious beast. On one hand, it's a true Dividend Aristocrat, having raised its dividend for the last 43 years at a compound annual growth rate, or CAGR, of 7% -- making it attractive to dividend seekers. On the other hand, its mid-teens growth rate and trailing P/E of around 27 times earnings make it the kind of stock only growth investors will take a look at. However, I'm going to introduce a third hand into consideration, and ask whether PPG Industries stock is a buy right now.


READ THE FULL EQUITY RESEARCH ARTICLE LINKED