According to
Zen Ratings, our proprietary rating system that evaluates 115 factors proven to drive growth in stocks and assigns each stock in our system an overall letter grade as well as 7 individual Component Grades for Value, Growth, Momentum, Sentiment, Safety, Financials, and proprietary AI algorithms, the 3 best industrial distribution stocks to buy right now are:
1. Dxp Enterprises (NASDAQ:DXPE)
The Component Grade breakdown for Dxp Enterprises (NASDAQ:DXPE) is: Value: B, Growth: B, Momentum: C, Sentiment: B, Safety: B, Financials: C, and AI: C.
Dxp Enterprises (NASDAQ:DXPE) has a Due Diligence Score of 33, which is -6 points lower than the industrial distribution industry average of 39. Although this number is below the industry average, our proven quant model rates DXPE as a "A".
DXPE passed 11 out of 33 due diligence checks and has average fundamentals. Dxp Enterprises has seen its stock return 60.59% over the past year, overperforming other industrial distribution stocks by 60 percentage points.
Dxp Enterprises has an average 1 year
price target of $95.00, an upside of 24.02% from Dxp Enterprises's current stock price of $76.60.
Dxp Enterprises stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Dxp Enterprises, 100% have issued a Strong Buy rating, 0% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
2. Global Industrial Co (NYSE:GIC)
The Component Grade breakdown for Global Industrial Co (NYSE:GIC) is: Value: C, Growth: C, Momentum: C, Sentiment: B, Safety: B, Financials: A, and AI: B.
Global Industrial Co (NYSE:GIC) has a Due Diligence Score of 45, which is 6 points higher than the industrial distribution industry average of 39.
GIC passed 15 out of 38 due diligence checks and has strong fundamentals. Global Industrial Co has seen its stock lose -21.39% over the past year, underperforming other industrial distribution stocks by -22 percentage points.
3. Evi Industries (NYSEMKT:EVI)
Evi Industries (NYSEMKT:EVI) is the #3 top industrial distribution stock out of 18 with a Zen Rating of B. Stocks with a rating of B have had an average return of +19.88% per year.
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The Component Grade breakdown for Evi Industries (NYSEMKT:EVI) is: Value: C, Growth: B, Momentum: C, Sentiment: C, Safety: A, Financials: B, and AI: C.
Evi Industries (NYSEMKT:EVI) has a Due Diligence Score of 43, which is 4 points higher than the industrial distribution industry average of 39.
EVI passed 14 out of 38 due diligence checks and has strong fundamentals. Evi Industries has seen its stock lose -2.78% over the past year, underperforming other industrial distribution stocks by -3 percentage points.
Evi Industries has an average 1 year
price target of $28.00, an upside of 51.27% from Evi Industries's current stock price of $18.51.
Evi Industries stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 1 analyst covering Evi Industries, 100% have issued a Strong Buy rating, 0% have issued a Buy, 0% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.