Fastenal's Profits Rise, but Its Core Business Still Hasn't Rebounded
For now, the company is following a successful, if ad-hoc, sales model.
Fastenal
FAST
FAST
$48.13
$0.41
0.9%
Price as of January 25, 2021, 9:00 p.m. EST
View Interactive FAST Charts
The Company sells industrial and construction supplies in a wholesale and retail fashion.
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News & Analysis: Fastenal
The Fool has written over 200 articles on Fastenal.
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Fastenal Earnings Disappoint, but the Industrial Sector Shows Improvement
Company notes that "products like 3-ply masks and disposable respirators are oversupplied and prices have declined."
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These companies offer income investors the possibility of substantial long-term share price growth in addition to their regular quarterly payouts.
Why Fastenal Stock Rose 14% in May
The industrial company hasn't skipped a beat so far in 2020, despite COVID-19. Investors are rewarding that consistency for now.
Why Fastenal Stock Jumped 16% in April
The industrial parts supplier has held up pretty well in the face of COVID-19, helped along by its diversified business.
3 Top Industrial Stocks to Watch in May
These three industrial stocks will provide a good look at the shape of the downturn and then the recovery.
Fastenal Earnings Are a Bellwether for How Coronavirus Will Affect Industrial Stocks
A closer look at its good earnings report may be a bad sign for its industrial customers.
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