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whitetea
2021-08-06

Really?[思考]

'Time to hold your nose and jump in:' Bank of America says to buy this pool stock

Investors should buy shares of leading pool supplies retailer Leslie’s as rising Covid-19 cases will

'Time to hold your nose and jump in:' Bank of America says to buy this pool stock

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BofA believes the highly contagious delta variant will push many families away from air travel, public pools and sporting events. Additionally, last September’s colder-than-usual weather should lead to easy year-over-year comparisons for Leslie’s, according to the firm.\nBank of America noted higher costs for commodities like chlorine should boost Leslie’s same-store sales growth in its next fiscal quarter, as pool maintenance supplies are a necessity and Leslie’s should be able to pass on inflation to customers with price increases.\n“As the largest retail chain in the category, LESL also has a competitive advantage in sourcing product that has limited availability,” Suzuki said.\nThe bank predicts new pool demand will keep climbing as Google search activity for “pool installation” and “hot tub” remain elevated.\nPlus, BofA thinks Leslie’s shares are currently cheap compared with historic valuations.\nShares of Leslie’s are down more than 18% in 2021.","news_type":1},"isVote":1,"tweetType":1,"viewCount":724,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"CN","currentLanguage":"CN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"upFlag":false,"length":13,"xxTargetLangEnum":"ZH_CN"},"commentList":[],"hasMoreComment":false,"orderType":2}