DXP Enterprises is Trading Near 52-Week High: Should You Buy the Stock?

Shares of DXP Enterprises, Inc. (DXPE) have been showing impressive gains of late, trading close to its 52-week high of $103.61. The stock closed at $102.67 on Friday, 0.9% below the highest point. Shares of the maintenance, repair and operating (MRO) products distributor have surged 97.2% in the past six months, outpacing the Zacks sub-industry’s and the S&P 500’s growth of 3.4% and 8.2%, respectively.The company has also outperformed other industry players like Ingersoll Rand Inc. (IR) and Xylem Inc. (XYL ...