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Enter Symbol:
 
Dxp Enterprises, Inc. (DXPE) [hlAlert]

Rating:
Buy DXPE
up 19.04 %

Dxp Enterprises, Inc. (DXPE) rated Buy with price target $70 by Morgan Joseph

Posted on: Tuesday,  Sep 2, 2008  8:25 AM ET by Morgan Joseph

Morgan Joseph rated Buy Dxp Enterprises, Inc. (NASDAQ: DXPE) on 09/02/2008. Previously Morgan Joseph rated Buy Dxp Enterprises, Inc. (NASDAQ: DXPE) on
06/23/2008., when the stock price was $22.11. Since then, Dxp Enterprises, Inc. has gained 19.04% as of 01/15/2016's recent price of $26.32.
If you would have followed the previous Morgan Joseph's recommendation on DXPE, you would have gained 19.04% of your investment in 2762 days.

DXP Enterprises, Inc. (DXP) is engaged in the business of distributing maintenance, repair and operating (MRO) products, equipment and service to industrial customers. The Company is organized into two segments: MRO and Electrical Contractor. The MRO segment provides MRO products, equipment and integrated services, including technical design expertise and logistics capabilities, to industrial customers. The Electrical Contractor segment sells a range of electrical products. On January 31, 2008, DXP acquired Rocky Mtn Supply, Inc. On August 28, 2008, the Company acquired PFI, LLC. On December 1, 2008, DXP acquired Falcon Pump.

Morgan Joseph is committed to providing timely, objective and actionable investment advice on the companies and securities we follow. Our team of equity analysts covers a growing universe of stock issues across a broad range of industry sectors. As a middle market-focused firm, our approach is not to publish research on as many companies as possible within a number of industry sectors. Rather, our research analysts distinguish themselves by zeroing in on quality companies with growth prospects or which present special situations. These companies often lack a research following. This enables our analysts to provide insight to investors in companies that are not well understood nor fairly valued.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/2/2008 8:25 AM Buy
None
30.18 35.00
as of 12/24/2008
1 Week up  2.29 %
1 Month up  35.25 %
3 Months down  -4.15 %
1 YTD down  -11.49 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
7/31/2008 8:25 AM Buy
None
24.72 28.50
6/23/2008 8:25 AM Buy
None
22.11 26.50

(*) Stock Price at the time of the recommendation.
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