If You Invested $100 In This Stock 20 Years Ago, You Would Have $1,100 Today
Portfolio Pulse from Benzinga Insights
Fastenal (NASDAQ:FAST) has outperformed the market over the past 20 years, producing an average annual return of 12.86%. If an investor had bought $100 of FAST stock 20 years ago, it would be worth $1,105.02 today. The company currently has a market capitalization of $32.04 billion.
September 05, 2023 | 9:00 pm
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Fastenal has shown strong performance over the past 20 years, with an average annual return of 12.86%. An investment of $100 20 years ago would be worth $1,105.02 today.
The news is a retrospective analysis of Fastenal's performance over the past 20 years. It does not provide any forward-looking statements or insights that could impact the stock's future performance. Therefore, the short-term impact is neutral.
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IMPORTANCE 80
RELEVANCE 100