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 ...

Shares in water infrastructure distribution company Core & Main (CNM 4.27%) rose 13.7% in the week to Friday morning, according to data provided by S&P Global Market Intelligence. The move comes after the release of its fourth-quarter earnings. Investors liked what they saw, and the stock is now up 43% in 2024 and 168% over the last year.Core & Main's challenging 2023It might seem churlish to describe last year as "challenging," but the company's full-year sales only rose 0.8% to $6.7 billion in 2023. Moreo ...

For those looking to find strong Business Services stocks, it is prudent to search for companies in the group that are outperforming their peers. Is Core & Main (CNM) one of those stocks right now? A quick glance at the company's year-to-date performance in comparison to the rest of the Business Services sector should help us answer this question.Core & Main is one of 315 individual stocks in the Business Services sector. Collectively, these companies sit at #6 in the Zacks Sector Rank. The Zacks Sector Ran ...

llucky78Thesis Over the past year, shares of Core & Main, Inc. (NYSE:CNM) shot up by 157.88%: Data by YChartsInvestors, especially institutional investors, like its previous revenue and earnings growth, its margin improvement initiatives, and the Infrastructure Investment and Jobs Act tailwind. I expect strong growth again this year, and although management’s outlook is modest, I have rated it a Strong Buy based on my long-term outlook. About Core & Main In its fourth-quarter and fiscal 2023 earnings re ...