Primoris Trades Near 52-Week High: Time to Hold or Fold the Stock?

Key Takeaways Primoris hit a 52-week high of $142.84, up nearly 52% in three months, driven by solid sector momentum.New CEO Koti Vadlamudi joins in November, bringing three decades of infrastructure experience from Jacobs.A record $11.5B backlog and expanding renewable, power and data center projects strengthen Primoris' outlook.Primoris Services Corporation (PRIM) has drawn investor attention in recent sessions with a strong stock performance. After hovering around $140 per share for the past four trading ...