If You Invested $1000 In Fastenal 20 Years Ago, Here's How Much You Would Have Today

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Fastenal FAST has outperformed the market over the past 20 years by 5.4% on an annualized basis producing an average annual return of 12.78%. Currently, Fastenal has a market capitalization of $33.33 billion.

Buying $1000 In FAST: If an investor had bought $1000 of FAST stock 20 years ago, it would be worth $11,066.05 today based on a price of $57.91 for FAST at the time of writing.

Fastenal's Performance Over Last 20 Years

Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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