2024-03-21 03:56:08 ET
Summary
- Core & Main has experienced significant share price growth due to its previous revenue and earnings growth, margin improvement initiatives, acquisitions, and a tailwind.
- The company is a leading distributor specializing in water, wastewater, storm drainage, and fire protection products and services.
- I expect to see more growth and robust share prices over the next five years and beyond.
Thesis
Over the past year, shares of Core & Main, Inc. ( CNM ) shot up by 157.88%:
Investors, especially institutional investors, like its previous revenue and earnings growth, its margin improvement initiatives, and the Infrastructure Investment and Jobs Act tailwind....
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For further details see:
Core & Main: Empowering Growth And Profits For The Long Haul