Is DXP Enterprises (DXPE) a Solid Growth Stock? 3 Reasons to Think "Yes"

Core Viewpoint - Investors are increasingly seeking growth stocks that demonstrate above-average growth potential, with DXP Enterprises identified as a strong candidate due to its favorable growth metrics and Zacks Rank [1][2]. Group 1: Earnings Growth - DXP Enterprises has a historical EPS growth rate of 60.2%, with projected EPS growth of 17.5% for the current year, significantly outperforming the industry average of 5% [5]. Group 2: Cash Flow Growth - The company exhibits a year-over-year cash flow growth of 6.5%, surpassing the industry average of 1.6%. Additionally, its annualized cash flow growth rate over the past 3-5 years stands at 12.3%, compared to the industry average of 9% [6][7]. Group 3: Earnings Estimate Revisions - There have been upward revisions in current-year earnings estimates for DXP Enterprises, with the Zacks Consensus Estimate increasing by 0.4% over the past month, indicating positive momentum [9]. Group 4: Overall Positioning - DXP Enterprises holds a Growth Score of B and a Zacks Rank of 2, positioning it favorably for potential outperformance in the growth stock category [10][11].