11 Most Oversold Stocks to Buy Now

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5. Trex Company, Inc. (NYSE:TREX)

On March 9, 2026, Trex Company, Inc. (NYSE:TREX) introduced Trex Refug decking, a new product engineered to resist fire ignition and slow flame spread. The polymer PVC boards are supported by independent third-party testing and are designed to meet building-code requirements for Class A Flame Spread and ignition resistance. The company said the product complies with standards for both WUI zones and IWUIC, allowing it to be specified in many high fire-risk areas while maintaining aesthetics and performance.

On March 3, 2026, Trex Company announced an agreement to repurchase approximately $100M of its outstanding common stock through an accelerated share repurchase program with Wells Fargo Bank, National Association. The program is part of the company’s board-approved $150M share repurchase authorization. Under the agreement, Trex paid $100M to Wells Fargo and expects to receive an initial delivery of about 1.9M shares of its common stock.

On February 24, 2026, Trex reported Q4 EPS of 4c compared with the (1c) consensus estimate and revenue of $161M versus the $144.4M consensus. CEO Bryan Fairbanks said fourth-quarter sales “exceeded expectations” despite a challenging repair and remodeling environment, supported by stronger railing sales late in the quarter and slightly better-than-expected decking shipments in December. Fairbanks added that the estimated sell-through of Trex products grew about 4% for the year, outpacing the broader repair and remodel market.

Trex Company, Inc. (NYSE:TREX) manufactures and sells composite decking and railing products in the United States.

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