Topic: How To Invest

Q: Pat: What do you think about Pool Corporation going forward? Thanks for all your great advice.

Article Excerpt

A: Pool Corporation, $304.95, symbol POOL on Nasdaq (Shares outstanding: 39.1 million; Market cap: $11.8 billion; www.poolcorp.com), is the world’s largest wholesale distributor of swimming pool and related backyard products. The company operates 415 sales centres across North America, Europe and Australia. They distribute more than 200,000 national brand and private label products to roughly 120,000 wholesale customers. Pool Corp. first sold shares to the public in 1995. Pool Corp.’s selection of products and services includes: Pool maintenance—including a wide array of chemicals, supplies and repair parts Pool construction and renovation—such as pool pumps, filters, heaters and cleaners, pool surfacing materials, pool tile, coping, deck equipment, pool control systems, lighting and above-ground pool kits Irrigation and landscape—including a complete line of commercial and residential irrigation products, landscape maintenance and equipment products and parts Outdoor living—such as outdoor lighting, grills, outdoor kitchen components and walkway and fencing products Between 2017 and 2020, overall revenue rose 41.2%, from $2.79 billion in 2017 to $3.94 billion…