Published on 19 Nov 2021 on Simply Wall St. via Yahoo Finance
Those who invested in Primo Water (TSE:PRMW) five years ago are up 60%
Generally speaking the aim of active stock picking is to find companies that provide returns that are superior to the market average. And while active stock picking involves risks (and requires diversification) it can also provide excess returns. For example, the Primo Water Corporation (TSE:PRMW) share price is up 48% in the last 5 years, clearly besting the market return of around 34% (ignoring dividends). On the other hand, the more recent gains haven't been so impressive, with shareholders gaining just 23% , including dividends .
With that in mind, it's worth seeing if the company's underlying fundamentals have been the driver of long term performance, or if there are some discrepancies.
View our latest analysis for Primo Water