Stocks in the Zacks Building Products - Air Conditioner & Heating sector, such as CARR, FIX, and AZEK, are expected to gain from environmentally friendly initiatives and advancements in technology, despite facing some challenges.
On March 6, 2025, AZEK, EAT, and PBI were included in the Zacks Rank #1 (Strong Buy) list of growth stocks.
The AZEK Company (AZEK) is in a strong position to do better than the market because it shows higher-than-average growth in its financial performance.
CHICAGO--(BUSINESS WIRE)--The AZEK Company Inc. (NYSE: AZEK) ("AZEK" or the “Company”), a top manufacturer of attractive, low-maintenance, and eco-friendly outdoor living products like TimberTech® Decking and Railing, Versatex® and AZEK Trim®, and StruXure® pergolas, has announced its recent purchase of Northwest Polymers. This company is a leader in recycling plastics from post-industrial and post-commercial sources, located in Molalla and Aurora, Oregon. This acquisition will enhance AZEK's capabilities.
On February 14, 2025, AZEK, PPC, and PBI were included in the Zacks Rank #1 (Strong Buy) list of growth stocks.
Consider investing in the stocks of EAT, BFST, AZEK, CLS, and BSX to take advantage of their strong performance. These companies show high efficiency, which could be beneficial for your investments.
I give a Buy rating to The AZEK Company stock because I expect it to see increased revenue growth from the recovery of the R&R market, its pricing strategy, and potential mergers and acquisitions. AZEK's emphasis on alternative materials and wood conversion puts it in a strong position for future growth, especially in the Residential segment. Although there have been some recent challenges with margins, I believe AZEK will meet its margin expansion goals by FY 2026, thanks to its recycling initiatives and the introduction of new products.
The AZEK Company (AZEK) is in a strong position to do better than the market because it shows higher-than-average growth in its financial performance.
This is a comparison of how The AZEK Company (AZEK) and Masco (MAS) have done in relation to their industry this year.
The main figures for The AZEK Company (AZEK) provide an overview of its performance for the quarter that ended in December 2024. However, it could be useful to look at some important metrics in relation to Wall Street predictions and the results from the same period last year.