30 Stocks Expected To Beat the Market By 20 Percentage Points This Year

5. Primo Brands Corporation (NYSE:PRMB)

Analyst Upside: 41.85%

Number of Hedge Fund Holders: 66

Primo Brands Corporation (NYSE:PRMB) ranks among the 30 stocks expected to beat the market by 20 percentage points this year. With an Overweight rating and a $40 price target, Barclays analysts began covering Primo Brands Corporation (NYSE:PRMB). Primo Brands was cited by the analysts as an interesting consolidation story in the food and beverage industry, owing to its ability to withstand several structural issues that other companies in the sector face.

The analysts cited the BlueTriton and legacy Primo combination as a major contributor to the development of a varied portfolio of market channels, formats, and brands. In the upcoming years, this merger is expected to offer a strong basis for consistent top-line growth of 3-5%.

Analysts at Barclays also highlighted the possibility of a high single-digit compound annual growth rate for adjusted EBITDA between 2025 and 2027. Primo Brands Corporation (NYSE:PRMB) is expected to keep implementing its synergy program, which is likely to improve the company’s financial performance, leading to this growth.

Primo Brands Corporation (NYSE:PRMB) is a North American beverage company that specializes in optimal hydration. The company supplies an array of branded beverages at 200,000 retail outlets.