Low interest rates, more companies allowing (even encouraging) their employees to work from home, and the largest cohort in American history are driving the housing market in a massive way. So far this year that's been fantastic for Trex (NYSE: TREX) , which manufactures environmentally responsible decking out of recycled plastic and waste wood. The company's stock has surged almost 70% this year alone.
Should investors cash out and move on? Not according to one expert. On the Nov. 11 edition of "The Wrap" on Motley Fool Live , host Jason Hall points out the two catalysts -- demographics and environmental focus -- that he says makes Trex worth buying right now.
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This Home Improvement Stock Is Up 70% This Year, but One Expert Says It's Worth Buying Now