Deck the Halls With Trex - Barron's [View article]
It will take some doing for ANY stock related to the housing market to do well, given the climate of fear and uncertainty as the situation worsens. So long as the ARM debacle continues to unwind, and credit is available only to those who don't need it, stocks like this are going to have a ferocious headwind to move into. I think it's not only "if Trex can survive the winter building doldrums", but more a case of "if Trex can survive the next couple of years".
They do make some fine products, I sincerely hope that they survive. But I'll buy their products before I buy their stock, given the bleak outlook for things housing-related.
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It will take some doing for ANY stock related to the housing market to do well, given the climate of fear and uncertainty as the situation worsens. So long as the ARM debacle continues to unwind, and credit is available only to those who don't need it, stocks like this are going to have a ferocious headwind to move into. I think it's not only "if Trex can survive the winter building doldrums", but more a case of "if Trex can survive the next couple of years".
Dec 24 10:53 am
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All Comments by David Lentz »Deck the Halls With Trex - Barron's [View article]
They do make some fine products, I sincerely hope that they survive. But I'll buy their products before I buy their stock, given the bleak outlook for things housing-related.