A Home Renovation Trend Might Be Spell Trouble For These Dividend Stocks

A trend in home renovation may spell trouble for dividend stocks related to swimming pools. Recent data shows a decrease in interest in installing pools, possibly due to the rising cost of pool installation and renovation. Pool Corp, a major distributor of pool-related products, has seen a decrease in stock value as a result of this trend. Additionally, Home Depot’s recent acquisition of Heritage Pool Supply may face challenges in light of the changing pool industry. However, analysts remain positive about Home Depot’s performance despite a decrease in sales. Consumer habits are always changing, so it remains to be seen if this trend away from pool installation is a temporary blip or a long-lasting shift. Keep an eye on the second-quarter earnings reports from Pool Corp and Home Depot for further insights into consumer spending habits related to home improvement.

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