A downtrend has been apparent in The AZEK Company (AZEK) lately with too much selling pressure. The stock has declined 9.6% over the past four weeks. However, given the fact that it is now in oversold territory and Wall Street analysts are majorly in agreement about the company's ability to report better earnings than they predicted earlier, the stock could be due for a turnaround.Guide to Identifying Oversold StocksWe use Relative Strength Index (RSI), one of the most commonly used technical indicators, fo ...

The AZEK Company (AZEK) closed at $46.20 in the latest trading session, marking a -0.13% move from the prior day. The stock's change was less than the S&P 500's daily gain of 0.03%. Elsewhere, the Dow saw an upswing of 0.41%, while the tech-heavy Nasdaq appreciated by 0.12%.The the stock of company has fallen by 2.92% in the past month, lagging the Construction sector's loss of 1.74% and the S&P 500's loss of 0.9%.The investment community will be paying close attention to the earnings performance of The AZE ...

Here are three stocks with buy ranks and strong growth characteristics for investors to consider today April 16th:Sterling Infrastructure, Inc. (STRL) : This company which specializes in E-Infrastructure, Building and Transportation Solutions principally in the United States, primarily across the Southern, Northeastern, Mid-Atlantic and the Rocky Mountain States, California and Hawaii, carries a Zacks Rank #1 (Strong Buy), and has witnessed the Zacks Consensus Estimate for its current year earnings increasi ...

The Zacks Building Products - Air Conditioner & Heating industry stands at a strategic vantage point to leverage the prevailing mega-trends and opportunities tied to the energy transition and the burgeoning pro-environmental movement. As we progress into 2024 and beyond, companies within this industry are witnessing a surge in demand for renewable energy solutions, presenting lucrative avenues for expansion. Despite grappling with inflationary pressures, key players such as Comfort Systems USA, Inc. (FIX) a ...

The AZEK Company (AZEK) closed the latest trading day at $50.17, indicating a +0.82% change from the previous session's end. The stock outperformed the S&P 500, which registered a daily loss of 0.04%. Elsewhere, the Dow saw a downswing of 0.03%, while the tech-heavy Nasdaq appreciated by 0.03%.Coming into today, shares of the company had gained 1.76% in the past month. In that same time, the Construction sector gained 4.37%, while the S&P 500 gained 2.57%.The upcoming earnings release of The AZEK Company wi ...

Wirestock/iStock via Getty Images The Thesis The AZEK Company (NYSE:AZEK) experienced robust growth in the decking business during the quarter. Sell-through growth was also strong, which benefited the company's topline. I believe this growth to continue further in FY24 benefiting the company's revenue in the near term. The long term also looks good due to anticipated benefits from strategic initiatives including new product development and shelf space share gains, strong market position of the company i ...

Here are three stocks with buy ranks and strong growth characteristics for investors to consider today March 20th:Powell Industries (POWL) : This company which, is a strategic supplier of choice for highly complex and integrated systems for distribution and control of electrical energy and other critical processes, carries a Zacks Rank #1(Strong Buy), and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 44.2% over the last 60 days.Powell Industries has a PEG ratio of 1.46 ...

Here are three stocks with buy ranks and strong growth characteristics for investors to consider today March 18th:Ralph Lauren (RL) : This company which is a major designer, marketer and distributor of premium lifestyle products in North America, Europe, Asia, and internationally, carries a Zacks Rank #1 (Strong Buy), and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 8.5% over the last 60 days.Ralph Lauren has a PEG ratio of 1.16 compared with 1.25 for the industry. The ...

Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, March 14th:Sterling Infrastructure, Inc. (STRL) : This e-infrastructure, transportation, and building solutions company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 5.1% over the last 60 days.Sterling Infrastructure has a PEG ratio of 1.12 compared with 1.49 for the industry. The company possesses a Growth Score  of A.The AZEK Company Inc ...

Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, March 12th:Royal Caribbean Cruises Ltd. (RCL) : This cruise-line company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 10% over the last 60 days.Royal Caribbean has a PEG ratio of 0.46 compared with 1.34 for the industry. The company possesses a Growth Score  of A.The AZEK Company Inc. (AZEK) : This manufacturer and seller of building prod ...