Pooloration (POOL) - This Pool Supplies Stock Is Heating Up With The Weather
Leslie's Inc (NASDAQ:LESL) thinks there could be 200,000 new swimming pools purchased in 2020 and 2021, wealth advisor Josh Brown said Tuesday on CNBC's "Fast Money: Halftime Report." Echoing thoughts from Benzinga's Jason Raznick, Brown said demand for swimming pools is off the charts, adding that pool permits have seen 32% year-over-year growth. The total addressable market is massive and Leslie's is a dominant player in the space, he said. Brown's Thesis: There is a secular "deurbanization trend" that will be a major tailwind for pool supply companies, according to Brown. It's not about ...