Why Poolcorp Stock Bounced Back Today

Shares of the United States' largest pool supplies distributor, Pool Corporation (POOL 5.23%), were up 5% as of 1 p.m. ET on Thursday, according to data provided by S&P Global Market Intelligence. Is the end of a down cycle finally in sight? These potentially lower interest rates are important to Poolcorp because it generates roughly 14% of its sales from new pool construction. Down 46% from its all-time highs, Poolcorp's stock could be in the early stages of a rebound as its morecyclical business segments ...