Are you a technical investor? If so, it may be time to consider Trex Company, Inc. ( TREX ) for your portfolio. The company just saw its 50 Day Moving Average breakout above its 200 Day Simple moving average, a trend that could indicate some bullishness in the future for TREX.
This trend may have already begun, as shares of TREX have moved by higher by 40.6% in just the past month. Plus, TREX has earned itself a Zacks Rank #2 (Buy), so there is plenty of reason to believe that the run for Trex Company, Inc. has plenty of life left.