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Is Primoris Services Corporation (PRIM) the Best Water Stock to Buy According to Hedge Funds?

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          🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source
We recently published a list of 10 Best Water Stocks to Buy According to Hedge Funds. In this article, we are going to take a look at where Primoris Services Corporation (NYSE:PRIM) stands against other best water stocks to buy according to hedge funds.
The article from MSN Money discusses whether Primoris Services Corporation (PRIM) is a good investment choice within the water utility sector, particularly focusing on hedge fund interest. It highlights that while Primoris has shown a significant year-to-date increase of 33.7%, its stock has experienced a slight decline of 1.2% in the last month. The analysis includes insights from hedge fund activities, noting that Primoris has been added to the portfolios of 16 hedge funds in the last quarter, indicating growing investor interest. However, the article also points out that other water utility companies like Essential Utilities Inc. (WTRG) and American Water Works Company Inc. (AWK) have seen more substantial hedge fund investments, with 26 and 30 hedge funds respectively adding these stocks to their portfolios. The piece concludes by suggesting that while Primoris might be an attractive option due to its growth and sector relevance, investors should consider broader market trends and hedge fund preferences when deciding on water stock investments.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/money/other/is-primoris-services-corporation-prim-the-best-water-stock-to-buy-according-to-hedge-funds/ar-AA1A31jz ]