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: C, Sentiment: C, 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 1.85% over the past year, overperforming other industrial distribution stocks by 18 percentage points.
2. 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 15.43% over the past year, overperforming other industrial distribution stocks by 31 percentage points.
Ferguson Enterprises has an average 1 year
price target of $260.00, an upside of 4.68% from Ferguson Enterprises's current stock price of $248.38.
Ferguson Enterprises stock has a consensus Strong Buy recommendation according to Wall Street analysts. Of the 12 analysts covering Ferguson Enterprises, 58.33% have issued a Strong Buy rating, 33.33% have issued a Buy, 8.33% have issued a hold, while 0% have issued a Sell rating, and 0% have issued a Strong Sell.
3. Evi Industries (NYSEMKT:EVI)
Evi Industries (NYSEMKT:EVI) is the #3 top industrial distribution stock out of 19 with a Zen Rating of B. Stocks with a rating of B have had an average return of +19.88% per year.
Learn more.
The Component Grade breakdown for Evi Industries (NYSEMKT:EVI) is: Value: C, Growth: B, Momentum: C, Sentiment: B, Safety: C, Financials: C, and AI: C.
Evi Industries (NYSEMKT:EVI) has a Due Diligence Score of 32, which is -5 points lower than the industrial distribution industry average of 37. Although this number is below the industry average, our proven quant model rates EVI as a "B".
EVI passed 14 out of 38 due diligence checks and has average fundamentals. Evi Industries has seen its stock return 14.95% over the past year, overperforming other industrial distribution stocks by 31 percentage points.
Evi Industries has an average 1 year
price target of $33.00, an upside of 55.51% from Evi Industries's current stock price of $21.22.
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.