On Wednesday, Core & Main Inc Cl A earned an upgrade to its Relative Strength (RS) Rating, from 78 to 81.
As you try to find the best stocks to buy and watch, be sure to pay attention to relative price strength.
This exclusive rating from Investor's Business Daily tracks market leadership with a 1 (worst) to 99 (best) score. The rating shows how a stock's price performance over the last 52 weeks compares to all the other stocks in our database.
Over 100 years of market history reveals that the best-performing stocks tend to have an RS Rating of at least 80 in the early stages of their moves.
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The stock, which is on theIPO Leaders list, is not currently offering a proper buying opportunity. See if the stock goes on to build a chart pattern that could spark a new run.
Earnings grew 57% last quarter, up from 0% in the prior report. Revenue also increased, from 25% to 36%.
The company holds the No. 16 rank among its peers in the Building-Construction Products/Miscellaneous industry group. Builders Firstsource and TopBuild are also among the group's highest-rated stocks.
