Are You Looking for a Top Momentum Pick? Why DXP Enterprises (DXPE) is a Great Choice

Company Overview - DXP Enterprises (DXPE) currently holds a Momentum Style Score of A, indicating strong potential for momentum investing [3] - The company has a Zacks Rank of 2 (Buy), suggesting favorable market performance [4] Price Performance - Over the past week, DXP Enterprises shares have increased by 6.92%, while the Zacks Manufacturing - General Industrial industry remained flat [6] - In the last month, shares rose by 6.51%, outperforming the industry's 4.32% [6] - Over the past quarter, shares have increased by 19.89%, and over the last year, they have gained 92.1%, compared to the S&P 500's increases of 8.73% and 13.86%, respectively [7] Trading Volume - The average 20-day trading volume for DXP Enterprises is 138,756 shares, which serves as a bullish indicator when combined with rising stock prices [8] Earnings Outlook - In the past two months, one earnings estimate for DXP Enterprises has moved higher, while none have moved lower, resulting in an increase in the consensus estimate from $5.28 to $5.30 [10] - For the next fiscal year, one estimate has also moved upwards with no downward revisions [10] Conclusion - Given the strong momentum indicators and positive earnings outlook, DXP Enterprises is positioned as a solid momentum pick and is recommended for consideration [12]