A Once-in-a-Decade Opportunity: 1 Magnificent Dividend Stock Down 56% to Buy Right Now

Just because a business is susceptible to things it cannot control doesn't mean it's a lousy company.I would say that applies to Pool Corp. (NASDAQ: POOL) right now. The world's largest wholesale distributor of pools and related supplies has tumbled over the past few years, sliding 56% from its high at the time of this writing.Simply put, consumers are struggling to afford homes and big-ticket projects, which means Pool Corp.'s business has slowed following a post-pandemic boom. However, the selling has priced the stock at levels not seen in over a decade. Even Warren Buffett and Berkshire Hathaway have stepped in, buying Pool Corp. shares for their portfolio over the past year.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool