11 Best Buy-the-Dip Stocks to Buy Now

7. Pool Corporation (NASDAQ:POOL)

Closing Price as on April 28: $291.33

52-week Low: $284.275

Number of Hedge Fund Holders: 32

Pool Corporation (NASDAQ:POOL) is engaged in distributing swimming pool supplies, equipment, related leisure, irrigation, and landscape maintenance products. The execution of its long-term strategic initiatives and organic growth investments resulted in positive performance in Q1 2025. The company’s team generated more than $1.0 billion in net sales, demonstrating the strength and resiliency of its business. Pool Corporation (NASDAQ:POOL) expanded its sales center network through the addition of 2 greenfield locations and has optimized the supply chain capabilities. Furthermore, it has expanded its suite of premium product offerings.

Combined with the further integration of its digital platform, such initiatives place Pool Corporation (NASDAQ:POOL) well to capture available demand, allowing it to outperform the market.  The company confirmed its FY 2025 earnings guidance range of $11.10 – $11.60 per diluted share, including the impact of YTD tax benefits of $0.10. With the company approaching the swimming pool season, Pool Corporation (NASDAQ:POOL) remains focused on strengthening its industry-leading position with the help of disciplined execution, continued innovation of its customer-centric POOL360 digital ecosystem, and growing the sales center network. Stifel analyst W. Andrew Carter gave the price target of $300, and kept a “Hold” rating on the company’s stock.

The London Company, an investment management company, released its Q3 2024 investor letter. Here is what the fund said:

“Pool Corporation (NASDAQ:POOL) – Shares of POOL outperformed despite a challenging demand environment for new pool construction. POOL is performing well and taking market share, especially in the retail channel. Broadly, POOL continues to invest in technology, capacity, and capabilities regardless of market conditions – this approach allowed them to come out of the last housing downturn in an exceptionally strong position, and we believe it will repeat this time around.”