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Review of Primo Water Corp.

APR 09, 2024 - PRMW is a leading North American-focused water solutions provider with a highly predictable, recurring revenue business model due to stable demand. Water production and distribution is a commodity product. We think the investment thesis in PRMW as a stable dividend grower remains intact. We are maintaining our rating at “B+”.

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Q: Hi Peter and Staff

I sold PBH in favour of PRMW based on your recommendation a couple of months ago -thank you

PRMW had checked back from its high after its merger announcement.

a) what is your case for holding through the merger if there is one

b) are there other consumer staples stocks you prefer over PRMW for a long term hold ar the current time in Canada or the US - I already own ATD and DOL

Thanks for all you do
Dennis

Read Answer Asked by Dennis on July 08, 2024
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