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Primo Water (PRMW) Strong Small Cap Weekly Set-Up

Primo Water (PRMW) Strong Small Cap Weekly Set-Up

by | Aug 27, 2021 | Chart SetUps

Primo Water (PRMW) an often overlooked name with a nice weekly consolidation starting to break out as MACD nears a bull cross signal. PRMW is in one of the better beverage segments with water filtration and bottled batter. The $2.8B company trades 27X Earnings, 1.4X Sales and sees revenues growing steadily 4.5-7% annually the next few years with 8-10% EPS growth. PRMW is coming off a strong beat and raise quarter and could see upside from regulatory crackdowns on plastics.