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Stock impact report

Core & Main (CNM) Is Up 6.0% After RBC Names It Preferred Pick In Tougher Sector Backdrop [Yahoo! Finance]

Core & Main, Inc. Class A (CNM) 
Company Research Source: Yahoo! Finance
At the same time, Core & Main's shares moved above their 200-day moving average and benefited from positive earnings estimate revisions, highlighting growing investor attention to the company's positioning. We'll now examine how RBC's endorsement of Core & Main as a preferred pick could influence the company's existing investment narrative. This technology could replace computers: discover 29 stocks that are working to make quantum computing a reality To own Core & Main, you need to believe in steady demand for core water and infrastructure distribution, even if construction cycles and interest rates stay choppy. RBC's endorsement and the stock's move above its 200 day moving average both support the near term earnings revision story, but do not fundamentally change the key risk that a construction slowdown or volatile rates could still weigh on sales and margins. The recent reaffirmation of Core & Main's full year 2025 net sales guidance of US$7,600 million to US$7,700 milli Show less Read more
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