FND Floor & Decor Holdings, Inc. : Bullish and Bearish Analyst Opinions

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23:29
Feb 24
Josh Brown CEO, Ritholtz Wealth Management The Compound News
Pool Corp (POOL) and Floor & Decor (FND) are "murdered" in the market. Pool builds are down 50% since the pandemic peak. Pending home sales are diverging negatively from seasonal trends. The "COVID pull-forward" demand has evaporated. High rates have frozen the housing market ("lock-in effect"), meaning fewer moves and fewer renovations. Short/Avoid housing-related consumer discretionary stocks that benefited from the pandemic boom. The Fed cuts rates aggressively, unlocking housing inventory and demand.
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About FND Analyst Coverage

Buzzberg tracks FND (Floor & Decor Holdings, Inc.) across 1 sources. 0 bullish vs 1 bearish calls from 1 analysts. Sentiment: mixed to bearish. 1 total trade ideas tracked.