Strong profit guidance lifts Sherwin-Williams

• Sherwin-Williams (SHW +8.6%) shoots higher as investors take heart in the guidance set for Q1 and 2017.
• The company sees Q1 EPS of $2.03-$2.13 vs. $1.92 consensus and FY17 EPS of $13.60-$13.80 vs. $13.48 consensus.
• Management also confirmed that Sherwin-Williams is on track to close the Valspar (VAL +2.1%) deal.
• Shares are making a run at the all-time high of $312.48 set back in July.