What Makes Primo (PRMW) a New Buy Stock

Investors might want to bet on Primo (PRMW) , as it has been recently upgraded to a Zacks Rank #2 (Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices. As such, the Zacks rating upgrade for Primo is essentially a positive comment on its earnings outlook that could have a favorable impact on its stock price. Fundamentally speaking, rising earnings estimates and the consequent rating upgrade for Primo imply an improvement ...