DNOW’s stock price run-up may come to a halt
NOW Inc. (DNOW) distributes maintenance, repair and operating (or MRO) supplies to the upstream, midstream, and downstream industries. It also supplies to the manufacturing, aerospace, automotive, refineries and engineering, and construction firms. I do not expect NOW Inc. to continue its positive momentum in the short-term. I think DNOW is a good medium- to long-term investment because of its strategic moves to improve operating profit margin and its focus on selling high-margin products that are in demand.
DNOW strives to stay ahead of the