Prepared Remarks
Equity Investor, Macro Commentary
Pool Corporation is a durable compounder because it sells recurring access to an installed base of millions of pools that must be maintained for decades. Once a homeowner spends six figures on a pool, chemicals, pumps, filters and heaters become near-mandatory buys, and few pools ever disappear, so the base keeps growing. Inflation lifts replacement prices without more units. Even 5% annual growth takes revenue from about $5.3 billion to $8.6 billion in a decade, and buybacks could double EPS. … Show more
Pool Corp is worth buying now as insider buying picks up while it trades at its lowest P/E since 2011. Per @CEOStockWatcher, May is the first month ever with more than two insiders buying the stock, and the company built up inventory in Q1. x.comÂ
Nvidia, McDonald's, American Express, AutoZone, Pool Corp, Nu Holdings, Domino's Pizza and Salesforce stand out as quality companies trading under 20x forward earnings. x.com x.com x.com x.com x.com x.com x.com x.comÂ