DXP
Enterprises
Even though the market rally has fallen under
pressure, you still want to keep your watch list ready
with stocks performing well fundamentally and
technically — even those not currently approaching a
proper buy point. One such stock is DXP
Enterprises, (DXPE) which makes pumps, cutting tools
and other gear used for industrial applications. It's
been featured numerous places in IBD lately, including
Nasdaq Stocks In The News and The New America.
- DXP is a very small company, with a market
capitalization of just $330 million, and it's thinly
traded, moving only about 99.000 shares per day.
Smaller stocks like this are less liquid and more
prone to volatility than a larger cap.
- The stock has an Earnings Per Share Rating of 97.
Earnings growth in the most recent quarter reached
66%.
- Sales grew at a triple-digit rate the past three
quarters.
- It's from the Machinery-General Industrial
industry group, ranked No. 3 among IBD's
197 groups.
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