Fastenal FAST has outperformed the market over the past 20 years by 4.87% on an annualized basis producing an average annual return of 12.84%. Currently, Fastenal has a market capitalization of $27.30 billion.
Buying $100 In FAST: If an investor had bought $100 of FAST stock 20 years ago, it would be worth $1,031.93 today based on a price of $47.43 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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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