DXP Enterprises (DXPE) is a top pick for growth investors with strong earnings and cash flow growth.
From Nasdaq: 2025-01-01 12:45:05
Investors are on the hunt for growth stocks, but finding the right one can be challenging due to the high risk and volatility involved. Using the Zacks Growth Style Score, DXP Enterprises (DXPE) stands out as a top pick with strong earnings growth projections of 22.6% this year, surpassing the industry average of 6.4%.
With a cash flow growth rate of 27.7%, DXP Enterprises outperforms many of its peers in the industry. The company’s historical cash flow growth rate has also been solid at 10.7% over the past 3-5 years, compared to the industry average of 8.2%.
Earnings estimate revisions for DXP Enterprises have been trending upwards, with a 14.3% increase in the Zacks Consensus Estimate for the current year over the past month. This positive trend, combined with a Zacks Rank #1 and a Growth Score of A, positions the company as a potential outperformer for growth investors.
Director of Research Sheraz Mian has named a top pick with the potential to double in value, targeting millennial and Gen Z audiences with nearly $1 billion in revenue last quarter. This company presents a compelling opportunity for investors, especially after a recent pullback in its stock price.
Read more at Nasdaq: Is DXP Enterprises (DXPE) a Solid Growth Stock? 3 Reasons to Think “Yes”
