Pool Corp (POOL) Falls 24% YTD: Time to Buy, Sell or Hold?

While the decline in new pool construction presents challenges across multiple facets of operations, there is confidence that the downturn mirrors the cyclicality observed historically. Image Source: Zacks Investment Research Year-to-date (from late May to early June 2024), Pool Corp's sales are trending down approximately 6.5% compared with the year-ago period's tally. The decline was likely due to the discretionary components of the business, which are heavily influenced by general economic conditions. Th ...