Trex Company, UFP Industries and Louisiana-Pacific have been highlighted in this Industry Outlook article.
The Zacks Building Products - Wood industry is expected to gain from a favorable housing market, home improvement activities and cost control. Industry players like TREX, UFPI and LPX are set to gain the most from the tailwinds.
Relatively strong earnings results from Shopify and Roblox were overshadowed by questions about the outlook for the rest of the year and whether consumers will keep up the online shopping and in-game spending.