If You Invested $1000 In This Stock 20 Years Ago, You Would Have $10,000 Today
Portfolio Pulse from Benzinga Insights
Fastenal (NASDAQ:FAST) has outperformed the market over the past 20 years, producing an average annual return of 12.39%. If an investor had bought $1000 of FAST stock 20 years ago, it would be worth $10,440.38 today. The company currently has a market capitalization of $31.76 billion.
September 28, 2023 | 7:00 pm
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Fastenal has shown strong performance over the past 20 years, with an average annual return of 12.39%. An investment of $1000 20 years ago would be worth $10,440.38 today.
The article highlights the strong performance of Fastenal over the past 20 years, which has outperformed the market. This historical performance is likely to increase investor confidence and could potentially drive the stock price up in the short term.
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RELEVANCE 100