Pool Corp. added to ‘Top Picks’ at Deutsche Bank

Deutsche Bank analyst Joe Ahlersmeyer added Pool Corp. (POOL) to the firm’s "Top Picks" citing a "very attractive valuation" following the recent pullback in the shares. Pool joins the firm’s existing Top Picks in building products TopBuild (BLD), Core & Main (CNM), Trex Company (TREX) and Advanced Drainage (WMS). The analyst expects in-line results and favorable outlooks from companies exposed to residential new construction, saying traffic and home buying demand continue to trend favorably this spring.