, Tracking Stock Market Picks
Enter Symbol:
Pool Corporation (POOL) [hlAlert]

down 76.17 %

Pool Corporation (POOL) downgraded to Sell with price target $11 by Wedbush Morgan

Posted on: Thursday,  Jan 22, 2009  9:25 AM ET by Wedbush Morgan

Wedbush Morgan rated Sell Pool Corporation (NASDAQ: POOL) on 01/22/2009, when the stock price was $16.48. Since
then, Pool Corporation has gained 319.78% as of 01/12/2016's recent price of $69.18.
If you would have followed this Wedbush Morgan's recommendation on POOL, you would have lost 76.17% of your investment in 2546 days.

Pool Corporation (POOL) is a wholesale distributor of swimming pool supplies, equipment and related leisure products. As of December 31, 2008, the Company operated 288 sales centers in North America and Europe. POOL serves approximately 70,000 customers, none of which account for more than 1% of its sales. The Company primarily serves five types of customers: swimming pool remodelers and builders; retail swimming pool stores; swimming pool repair and service businesses; landscape construction and maintenance contractors, and golf courses. POOL conducts its operations through 288 sales centers in North America and Europe. Its primary markets, which have concentration of swimming pools, are California, Florida, Texas and Arizona, representing approximately 55% of the Company?s net sales during the year ended December 31, 2008.

Since 1980, WEDBUSH has used its private equity discipline to invest in under-valued and capital constrained public and private companies that have a significant potential for appreciation. The firm invests with high quality management teams with domain expertise and expects management to retain or make a personally significant equity investment.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/22/2009 9:25 AM Sell
16.48 11.00
as of 12/31/2009
1 Week down  -23.68 %
1 Month down  -30.12 %
3 Months down  -5.76 %
1 YTD down  -42.59 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/8/2008 9:25 AM Hold
17.66 13.00
1/7/2008 10:25 AM Hold
18.50 20.00
10/24/2007 11:25 AM Hold
24.01 24.00
7/20/2007 11:25 AM Buy
34.36 40.00
7/5/2007 11:25 AM Buy
35.08 42.00

(*) Stock Price at the time of the recommendation.
RSS Feed | |  Facebook |  Twitter |  Google Plus
Home | Terms of Use | Advertise | FAQ | Support Page | Contact Us | About Us | Privacy Policy