Reported 1 day ago
Fastenal Company (FAST), a North American wholesale distributor of industrial and construction supplies, is valued at around $55 billion. Recently, FAST stock has shown strong performance, surging 12.3% in the last three months, significantly outpacing the Industrial Select Sector's 5% rise. With a YTD increase of 33.4% and a 39.7% gain over the past year, Fastenal continues to outperform its peers, including W.W. Grainger. Despite a consensus rating of 'Hold' among analysts, FAST remains above its mean price target.
Source: YAHOO