Key insights
- The post suggests Latham Group (SWIM) is undervalued due to its low share price relative to its IPO price, despite being the largest in-ground pool manufacturer. The shift towards fiberglass pools and continued demand are cited as potential catalysts. However, the post is just one opinion and lacks fundamental analysis to support a strong bullish case.
$swim seems undervalued. IPO’d around $20/share. Currently less than $5. Would be interested to hear this community’s thoughts on this one. I know the ipo was during Covid but they’re still the largest in ground pool manufacturing company around. With the recent conversion/emphasis on fiber glass pools in the sand states, you’d think the price and quick installation coupled with continued demand for swimming pools would be a compelling narrative. Think there could be great value here. Large moat. Interested to hear your thoughts.