CNM Stock Recent News

Core & Main (CNM) closed at $49.61 in the latest trading session, marking a +0.53% move from the prior day.

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.

Core & Main (CNM) concluded the recent trading session at $49.21, signifying a +0.49% move from its prior day's close.

In the closing of the recent trading day, Core & Main (CNM) stood at $47.32, denoting a -0.44% change from the preceding trading day.

Core & Main (CNM) closed at $44.75 in the latest trading session, marking a +0.4% move from the prior day.

In the latest trading session, Core & Main (CNM) closed at $43.55, marking a -1.38% move from the previous day.

In the latest trading session, Core & Main (CNM) closed at $42.21, marking a +1.78% move from the previous day.

I see a 15% upside over the next 2 years. CNM is a leading player in the industry with a market share of around 25%. CNM is going to benefit from the ageing US water infrastructure as the government steps up in reinvestment.

Core & Main, Inc. has seen improvements in its non-residential market, offsetting weakness in multifamily housing and warehouse-related work. The company is well-positioned to benefit from growth in highway and street projects and the trend of mega projects in its non-residential end market. The revenue outlook is positive, with stabilization in non-residential orders, solid demand in the municipal end market, and potential recovery in the residential market.

Does Core & Main (CNM) have what it takes to be a top stock pick for momentum investors? Let's find out.