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. Global Industrial Co (NYSE:GIC)
The Component Grade breakdown for Global Industrial Co (NYSE:GIC) is: Value: B, Growth: C, Momentum: B, Sentiment: D, Safety: B, Financials: A, and AI: C.
Global Industrial Co (NYSE:GIC) has a Due Diligence Score of 50, which is 13 points higher than the industrial distribution industry average of 37.
GIC passed 17 out of 38 due diligence checks and has strong fundamentals. Global Industrial Co has seen its stock return 7.12% over the past year, overperforming other industrial distribution stocks by 13 percentage points.
2. Dxp Enterprises (NASDAQ:DXPE)
The Component Grade breakdown for Dxp Enterprises (NASDAQ:DXPE) is: Value: C, Growth: C, Momentum: B, Sentiment: C, Safety: B, Financials: C, and AI: C.
Dxp Enterprises (NASDAQ:DXPE) has a Due Diligence Score of 36, which is -1 points lower than the industrial distribution industry average of 37. Although this number is below the industry average, our proven quant model rates DXPE as a "B".
DXPE passed 12 out of 33 due diligence checks and has average fundamentals. Dxp Enterprises has seen its stock return 143.79% over the past year, overperforming other industrial distribution stocks by 149 percentage points.
3. Ferguson Enterprises (NYSE:FERG)
The Component Grade breakdown for Ferguson Enterprises (NYSE:FERG) is: Value: C, Growth: C, Momentum: C, Sentiment: B, Safety: B, Financials: B, and AI: C.
Ferguson Enterprises (NYSE:FERG) has a Due Diligence Score of 42, which is 5 points higher than the industrial distribution industry average of 37.
FERG passed 15 out of 38 due diligence checks and has strong fundamentals. Ferguson Enterprises has seen its stock return 26.31% over the past year, overperforming other industrial distribution stocks by 32 percentage points.
Ferguson Enterprises has an average 1 year
price target of $253.80, an upside of 2.13% from Ferguson Enterprises's current stock price of $248.50.
Ferguson Enterprises stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 10 analysts covering Ferguson Enterprises, 60% have issued a Strong Buy rating, 30% have issued a Buy, 10% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.