Core & Main

CNM

Market cap $10.6B

January momentum looks intact as HOOD, MDB, IOT, CIEN and CNM stand out after December's mixed finish.

From a technical perspective, Core & Main (CNM) is looking like an interesting pick, as it just reached a key level of support. CNM recently overtook the 200-day moving average, and this suggests a long-term bullish trend.

ST. LOUIS--(BUSINESS WIRE)--Core & Main has entered into a definitive agreement to acquire Pioneer Supply, a distributor of water, wastewater and storm drainage products.

Core & Main (CNM) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Core & Main (CNM) is well positioned to outperform the market, as it exhibits above-average growth in financials.

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?

New York City-based Tribune Investment Group acquired 335,000 shares of Core & Main in the third quarter. The position was worth an estimated $18.03 million at quarter-end.

Technological progress, digitization and strategic acquisitions favor the Zacks Manufacturing-Tools & Related Products industry's near-term prospects. SWK, CNM, KMT and EPAC are some promising stocks in the industry.

Core & Main (CNM) is well positioned to outperform the market, as it exhibits above-average growth in financials.

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?