2 Growth Stocks to Invest $1,000 in Right Now
Pool Corp., symbolized as POOL, specializes in selling a variety of pool-related supplies. This includes chemicals, maintenance items, and materials for constructing new pools. It’s worth noting that maintenance items make up the largest portion of their business, accounting for approximately two-thirds of their total revenue. This significant reliance on maintenance sales is crucial because it indicates that Pool Corp.’s business model is inherently geared towards growth. This growth-focused nature could be the reason why Warren Buffett and his team have chosen to invest in the company’s stock.