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: C, Growth: B, Momentum: C, Sentiment: A, Safety: B, Financials: C, and AI: C.
Dxp Enterprises (NASDAQ:DXPE) has a Due Diligence Score of 28, which is -10 points lower than the industrial distribution industry average of 38. Although this number is below the industry average, our proven quant model rates DXPE as a "A".
DXPE passed 9 out of 33 due diligence checks and has average fundamentals. Dxp Enterprises has seen its stock return 74.46% over the past year, overperforming other industrial distribution stocks by 77 percentage points.
Dxp Enterprises has an average 1 year
price target of $95.00, an upside of 8.58% from Dxp Enterprises's current stock price of $87.49.
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. Evi Industries (NYSEMKT:EVI)
Evi Industries (NYSEMKT:EVI) is the #2 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: C, Momentum: C, Sentiment: C, Safety: C, Financials: C, and AI: C.
Evi Industries (NYSEMKT:EVI) has a Due Diligence Score of 37, which is -1 points lower than the industrial distribution industry average of 38. Although this number is below the industry average, our proven quant model rates EVI as a "B".
EVI passed 12 out of 38 due diligence checks and has average fundamentals. Evi Industries has seen its stock lose -23.15% over the past year, underperforming other industrial distribution stocks by -21 percentage points.
3. Wesco International (NYSE:WCC)
The Component Grade breakdown for Wesco International (NYSE:WCC) is: Value: B, Growth: C, Momentum: C, Sentiment: D, Safety: A, Financials: C, and AI: C.
Wesco International (NYSE:WCC) has a Due Diligence Score of 33, which is -5 points lower than the industrial distribution industry average of 38.
WCC passed 13 out of 38 due diligence checks and has average fundamentals. Wesco International has seen its stock return 2.23% over the past year, overperforming other industrial distribution stocks by 4 percentage points.
Wesco International has an average 1 year
price target of $221.00, an upside of 36.7% from Wesco International's current stock price of $161.67.
Wesco International stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 6 analysts covering Wesco International, 50% have issued a Strong Buy rating, 33.33% have issued a Buy, 16.67% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.