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jdurand21
May 19, 2023 2:32 PM

SWIM - Breaking Out Long

Latham Group, Inc.NASDAQ

Description

Swim is positioned nicely to take advantage of the rise in interest rates as clients are moving away from the inflated prices of concrete swimming pools and downsizing to the speed and lower cost of fiberglass pools. They have made multiple moves to handle capacity issues they dealt with in the covid boom and will continue to see growth in the vinyl replacement & safety cover business. Not to mention we have a downtrend break out and it appears the bottom has been put in. The sky is the limit for this stock and there is no better season to get into a beat up pool stock than pre-summer. I see massive potential - Don't sleep on this one
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