Pool Corporation (POOL) - Bull of the Day

By Zacks.com May 22, 2012, 01:00:01 AM EDT

Pool Corporation's ( POOL ) first-quarter 2012 earnings outperformed the Zacks Consensus Estimate. The company is a recognized leader in the industry. The potential for market growth is significant and cost-containment initiatives augur well for the business.

Pool's results reflect continued growth in its once-struggling green business. Amid a tough business environment in terms of weak growth in new pool constructions and faltering consumer confidence, Pool's revenue has been marching ahead and exhibits strong earnings power. The upcoming quarter is also seasonally strong.

The company expects the market condition to improve beyond 2012 as well. The company is focused on bolstering shareholder returns by share buybacks and dividend hikes. Hence, we rate the stock Outperform.
 
POOL CORP (POOL): Free Stock Analysis Report
 
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: Investing, Stocks

Referenced Stocks: POOL



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