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home / news releases / TREX - Trex Company: Stock Is Overdue For A Breather


TREX - Trex Company: Stock Is Overdue For A Breather

2024-01-26 03:37:46 ET

Summary

  • Trex Company, a manufacturer of composite decking and outdoor living products, has seen its stock rise nearly 60% in the past year despite a struggling housing market.
  • The company is benefiting from the migration from wood to composites in outdoor decks and railings.
  • Analyst opinions on the company's prospects are mixed at the moment. Which way with the stock head in 2024? Analysis provided in the paragraphs below.

There are two ways to be fooled. One is to believe what isn't true; the other is to refuse to believe what is true . ? Soren Kierkegaard

For further details see:

Trex Company: Stock Is Overdue For A Breather
Stock Information

Company Name: Trex Company Inc.
Stock Symbol: TREX
Market: NYSE
Website: trex.com

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