Core & Main (CNM) has recently been on Zacks.com's list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock's performance in the near future.Shares of this distributor of water and fire protection products have returned +1.8% over the past month versus the Zacks S&P 500 composite's -1.1% change. The Zacks Waste Removal Services industry, to which Core & Main belongs, has lost 1.5% over this period. Now the key question is: Where could the ...

The Waste Management industry is experiencing positive trends due to a rise in government regulations, the integration of advanced technologies, and a growing awareness of environmental concerns. The sector is capitalizing on increased industrialization and urbanization, coupled with a greater emphasis on improved waste management practices. Per Statista, the global waste management sector is expected to register a compound annual growth rate (CAGR) of 5.4% from 2023 to 2030. The driving forces behind this ...

Core & Main (CNM) ended the recent trading session at $56.34, demonstrating a -1.47% swing from the preceding day's closing price. The stock's change was less than the S&P 500's daily loss of 1.46%. Meanwhile, the Dow lost 1.24%, and the Nasdaq, a tech-heavy index, lost 1.63%.The distributor of water and fire protection products's stock has climbed by 13.72% in the past month, exceeding the Business Services sector's loss of 1.27% and the S&P 500's gain of 1.6%.Market participants will be closely following ...

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?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Core & Main (CNM) .Core & Main currently has an average brokerage recommendation (ABR) of 1.91, ...

Markets rebounded resiliently on Thursday after another month of hotter-than-expected CPI data caused a wide selloff among the broader indexes yesterday.Still, the S&P 500 and Nasdaq sprung back and rose roughly 1% and 2% in today’s trading session respectively. This was indicative of investors buying the dip and in the process, they may want to consider several high-growth stocks out of the Zacks Business Services sector.Core & Main (CNM) : One business services stock that certainly looks attractive is Cor ...

Core & Main (CNM) could be a solid choice for investors given its recent upgrade to a Zacks Rank #1 (Strong Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system.T ...

Here are three stocks with buy rank and strong momentum characteristics for investors to consider today, April 11th:MakeMyTrip Limited (MMYT) : This online travel company has a Zacks Rank #1 and witnessed the Zacks Consensus Estimate for its next year earnings increasing 2.1% over the last 60 days.MakeMyTrip’s shares gained 47.9% over the past three months compared with the S&P 500’s advance of 9.1%. The company possesses a Momentum Score  of B.Core & Main, Inc. (CNM) : This distributor of water, wastewater ...

Here are five stocks added to the Zacks Rank #1 (Strong Buy) List today:Portillo's Inc. (PTLO) : This restaurant chain has seen the Zacks Consensus Estimate for its current year earnings increasing 5.1% over the last 60 days.AB Volvo (publ) (VLVLY) : This manufacturer of trucks, buses, construction equipment, and marine and industrial engines has seen the Zacks Consensus Estimate for its current year earnings increasing 9.4% over the last 60 days.Core & Main, Inc. (CNM) : This distributor of water, wastewat ...

Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.While many investors like to look for moment ...

Wall Street ended a strong March, marking the fifth consecutive positive month for all three major stock indexes. Last month, the Dow, the S&P 500 and the Nasdaq Composite were up 2.1%, 3.1% and 1.8%, respectively. In fact, the Dow posted its first five-month winning streak since May 2021.U.S. stock markets have maintained their northward journey in 2024 after witnessing an astonishing 2023. Year to date, the Dow, the S&P 500 and the Nasdaq Composite have advanced 5.1%, 10.8% and 11.4%, respectively.Momentu ...