Why Applied Industrial Technologies (AIT) is a Top Growth Stock for the Long-Term

Company Overview - Applied Industrial Technologies, Inc. is a distributor of value-added industrial products, including engineered fluid power components, bearings, specialty flow control solutions, power transmission products, and miscellaneous industrial supplies [7] - The company's products are primarily sold to original equipment manufacturers (OEM) and maintenance, repair, and operations (MRO) customers in regions such as Australia, North America, Singapore, and New Zealand [7] Investment Ratings - AIT holds a Zacks Rank of 2 (Buy) and has a VGM Score of B, indicating a solid investment opportunity [7][8] - The company is particularly appealing to growth investors, with a Growth Style Score of A, forecasting year-over-year earnings growth of 8.6% for the current fiscal year [7] Earnings Estimates - In the last 60 days, one analyst revised their earnings estimate for AIT upwards, with the Zacks Consensus Estimate increasing by $0.07 to $9.50 per share [7] - AIT has demonstrated an average earnings surprise of 10.4%, suggesting strong performance relative to expectations [7]