#6 - Pool Corporation (NASDAQ:POOL)
As its name suggests, Pool Corporation (NASDAQ:POOL) is a distributor of swimming pool supplies, equipment, and related leisure products in the United States and internationally. Not surprisingly, many homeowners decided a global pandemic was a good reason to install a pool or perhaps repair and/or redesign an existing pool. That means that in one way or another, they are probably customers of Pool Corporation.
I’ve heard from many pool owners that pools are often a money pit. But they’re one that most homeowners will continue to pay for year after year. That should give investors reason to believe that the revenue and earnings game for Pool Corporation will be sticky in the years to come.
And right now, investors can get shares of POOL stock near 52-week lows. This is a stock that does appear to be overvalued, but it has a growth forecast that suggests it can grow into its stock price over time.
About Pool
Pool Corporation distributes swimming pool supplies, equipment, and related leisure products in the United States and internationally. The company offers maintenance products, including chemicals, supplies, and pool accessories; repair and replacement parts for pool equipment, such as cleaners, filters, heaters, pumps, and lights; and building materials, such as concrete, plumbing and electrical components, functional and decorative pool surfaces, decking materials, tiles, hardscapes, and natural stones for pool installations and remodeling.
Read More - Current Price
- $344.57
- Consensus Rating
- Hold
- Ratings Breakdown
- 3 Buy Ratings, 4 Hold Ratings, 1 Sell Ratings.
- Consensus Price Target
- $369.25 (7.2% Upside)
