Trex (TREX) CEO On Resilient Consumer Demand With Decks

<p>Trex Company, Inc. (TREX) is a manufacturer of wood-alternative composite decking, railing, and other outdoor items made from recycled materials. "According to the TREX earnings report, we came out with some revised guidance. The consumer is strong as they are buying decking and are remodeling their homes. Now, we expect people to stay in their homes longer due to higher mortgage rates," says CEO Bryan Fairbanks.</p>