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S&P 500
5,648.40
(
1.01%
)
US TECH 100
19,050.40
(
1.19%
)
Dow Jones
41,563.08
(
0.55%
)
Brent Oil
77.00
(
0.00%
)
Bitcoin
58,492.86
(
-0.81%
)
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abh3vt

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abh3vt

Re: wadegarret post# 16798

Thursday, 07/21/2005 9:31:18 AM

Thursday, July 21, 2005 9:31:18 AM

Post# of 173904
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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