The Relative Strength (RS) Rating for Core & Main headed into a higher percentile Monday, as it got a lift from 66 to 75.
Can You Really Time The Stock Market?
IBD's unique rating identifies price movement with a 1 (worst) to 99 (best) score. The score shows how a stock's price performance over the last 52 weeks holds up against all the other stocks in our database.
History shows that the market's biggest winners often have an RS Rating north of 80 in the early stages of their moves. See if Core & Main can continue to show renewed price strength and clear that threshold.
Core & Main is trying to complete a cup without handle with a 58.22 buy point. See if it can break out in volume at least 40% above average.
Earnings growth declined in the most recent quarter from 6% to -3%. But sales moved higher, from 12% to 18%.
Core & Main holds the No. 4 rank among its peers in the Building-Construction Products/Miscellaneous industry group. Mueller Water Products is the top-ranked stock within the group.
This article was created automatically with Stats Perform's Wordsmith software using data and article templates supplied by Investor's Business Daily. An IBD journalist may have edited the article.
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