I don't know DXPE very well, other than its profile as a supplier and distributor of industrial supplies. Looks like sales mix changed since y/y and that led to higher margins.
Bullish guidance appears to indicate that the trend is sustainable.
I don't give very high forward PEs for stocks like this, so my target price is probably a lot lower than other investors on this board. Good for a quick trade perhaps, but the run-up today will probably be heavily sold into if it touches much higher than 12, imo.
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