Fastenal (FAST)

[winston]

not vested

Fastenal Company, together with its subsidiaries, operates as a wholesaler and retailer of industrial and construction supplies in the United States and internationally.

It offers fastener product line under two categories, which include threaded fasteners, such as bolts, nuts, screws, studs, and related washers that are used in manufactured products and building projects, as well as in the maintenance and repair of machines and structures;

And miscellaneous supplies and hardware comprising various pins and machinery keys, concrete anchors, metal framing systems, wire ropes, strut products, rivets, and related accessories.

The company serves the construction market, which consists of general, electrical, plumbing, sheet metal, and road contractors;

And manufacturing market, including original equipment manufacturers, and maintenance and repair operations, as well as other users, such as farmers, truckers, railroads, mining companies, federal, state and local governmental entities, schools, and retail trades.

[winston]

9% Total Return in a ZIRP World. I’m In

By Dr. Paul Price

Source: GuruFocus

This blue-chip company offers fine risk/reward at today’s quote.

Industrial supply company Fastenal (NASDAQ:FAST) rarely trades with a cheap valuation. It has been a solid growth stock for years. Fastenal’s share price grew from under $10 back in 2004 to over $53 at its peak in 2012.

Source: The Trading Report

http://www.thetradingreport.com/2016/07 ... rld-im-in/

[winston]

not vested

ONE WINNER FROM A TRUMP ELECTION

Today's chart highlights a company that will benefit from new government plans...

Big infrastructure spending and corporate-tax reform were two of the primary drivers of Donald Trump's presidential campaign. The market spiked after his election, but stocks set to benefit from Trump's promises have outperformed...

For proof, we look at shares of toolmaker Fastenal (FAST). The $15 billion industry giant manufactures everything from safety equipment to power tools... and all the nuts and bolts needed to hold everything together.

Fastenal would benefit from a massive infrastructure bill, for which it could supply most of the parts. But even more important is that Fastenal's effective tax rate is nearly 37%. So a reduction in corporate taxes would lead to far bigger profits for shareholders.

In the chart below, you can see where Fastenal shares spiked after the election. The stock is up more than 11% in 2017 and just hit a fresh, multi-year high. If Trump sticks to his promises, shares could continue even higher...

Source: Daily Wealth

[winston]

not vested

Short Squeeze Stocks to Buy: Fastenal Company (FAST)

Industrial companies are in the crosshairs of the bulls considering the more recent data on economic growth.

A focus on the housing and infrastructure areas of the economy means companies like Fastenal Company (NASDAQ:FAST) are in the right place at the right time.

Fastenal’s chart has been strong recently as the migration of cash into the industrial names has pumped prices higher.

The shorts have got to be feeling the pain, but we’ve not seen signs that the rally has been driven by shorts covering their positions. This means that the stock is still ripe for a “covering rally.”

Short interest on Fastenal sits at an awesome 16 times the average daily volume. This sets Fastenal up for another leg in the rally.

The recent pullback, about 3.5%, is likely to engage the “buy the dip” crowd, which will then see Fastenal move back toward its highs at $55. At that point, we expect a short squeeze rally to push shares toward $63.

Source: Investor Place

[winston]

not vested

A LONG-TERM 'NUTS AND BOLTS' WINNER

Today's chart shows that you don't need flashy investments to earn steady gains...

Most folks probably won't look up if you mention these stocks at a cocktail party. But "boring," everyday companies tend to make steady profits... and generate solid returns for investors. We can see this right now in the tool business...

We're talking about Fastenal (FAST), which manufactures tools and fasteners. The company is a $16 billion giant in the industry. It makes everything from safety equipment to power tools... and all the nuts and bolts needed to hold your next project together.

Business is going well at Fastenal. Over the past year, its sales hit $4.4 billion. That's 11% higher than last year... And it produced big profits of $465 million over the same span.

As you can see below, Fastenal shares have bounced back and forth recently. But they're still in a steady uptrend. Shares are up about 35% over the past three years...

And they just broke out to an all-time high. This simple business continues to churn out returns for investors...

Source: Daily Wealth

[winston]

not vested

AMID CORONAVIRUS, PIVOTING FROM NAILS TO MASKS

Today's company shows the value of diversification...

The COVID-19 outbreak has upended the economy, abruptly creating unexpected winners and losers. Certain "essential" products and services saw booming demand, while others saw sales collapse. Today, we're looking at a company whose wide product line turned into a lifesaver...

Fastenal (FAST) is a $25 billion industrial-products distributor. In the early years after its 1967 founding, the company focused on its namesake fasteners: screws, bolts, nails, and the like. But its inventory now includes everything from hydraulic equipment to pipes, and, most importantly... safety gear.

In April, Fastenal's "Safety" segment soared 120% year over year – offsetting slumping demand for fasteners and most of its other products.

FAST shares have roughly doubled over the past three years, and they just hit a new all-time high. When a company diversifies, it's more likely to have a big winner in its product line...

Source: Daily Wealth

[behappyalways]

Fastenal Earnings Show the Industrial Economy Is ‘Treading Water’
https://www.marketwatch.com/articles/fa ... ck_seemore