From Yahoo Finance: 2025-05-07 19:18:00

Core & Main, Inc. (NYSE: CNM) bullish thesis presented on ValueInvestorsClub. Shares traded at $48.00 vs. closing price $52.53 on Apr 25. CNM has a 20% market share in US in water distribution. Specialized products with 5x higher gross margin drive profits, making it resilient to PVC price declines. FY2024 earnings impacted by stalled water infra projects due to bad weather, expected to resume in 2025. $50 billion allocation towards water infra projects in Infrastructure and Investment Jobs Act to provide tailwinds. High interest rates hindering funding, rate cuts expected to boost funding and demand. EBITDA expected to reach $1 billion in 2025, potential upside of 14-90%. Other AI stocks may offer higher returns in a shorter timeframe.



Read more at Yahoo Finance: Better Days in the Pipeline