Leslie's (LESL) is in the pool business which has been getting a major COVID-driven bump in demand this year as people have shifted spending from travel to their back yards and in some cases, pools. The current range is $14-16.
Investors are aware of the trend and many have enjoyed the outperformance of stocks like Pool Corp (POOL) which has grown revenue steadily over the past few years from $2.36B in 2015 to $3.2B in 2019. Growth has accelerated this year and is expected to come in around $4.2B. Margins . . .