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 ...

Fiscal 2023 Fourth Quarter and Full-Year Results MARCH 19, 2024 No reconciliation of the estimated range for Adjusted EBITDA, Adjusted EBITDA margin or Operating Cash Flow Conversion for fiscal 2024 are included herein because we are unable to quantify certain amounts that would be required to be included in net income attributable to Core & Main, Inc. or cash provided by or used in operating activities, the most directly comparable GAAP measures, without unreasonable efforts due to the high variability and ...

Core & Main, Inc. (NYSE:CNM) Q4 2023 Earnings Conference Call March 19, 2024 8:30 AM ET Corporate Participants Robyn Bradbury - Vice President, Finance and Investor Relations Steve LeClair - Chairman and Chief Executive Officer Mark Witkowski - Chief Financial Officer Conference Call Participants Matthew Bowley - Barclays Nigel Coe - Wolfe Research David Manthey - Baird Mike Dahl - RBC Capital Markets Kathryn Thompson - Thompson Research Group Anthony Pettinari - Citigroup Joe Ritchie - Goldman Sachs Patric ...

Core & Main (CNM) came out with quarterly earnings of $0.34 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.31 per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this distributor of water and fire protection products would post earnings of $0.68 per share when it actually produced earnings of $0.65, delivering a surprise of -4.41%.Over the last four quarters, the company has surpassed consensus EPS estimates two ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Core & Main, Inc. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) Delaware 86-3149194 (I.R.S. Employer Identification Number) 1830 Craig Park Court St. Louis, Missouri 63146 For the fiscal year ended January 28, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 ...