$1000 Invested In This Stock 20 Years Ago Would Be Worth $10,000 Today
Portfolio Pulse from Benzinga Insights
Over the past 20 years, Fastenal (NASDAQ:FAST) has produced an average annual return of 12.17%, outperforming the market by 4.77% on an annualized basis. A $1000 investment in FAST 20 years ago would be worth $10,144.57 today. Fastenal currently has a market capitalization of $35.52 billion.
January 04, 2024 | 7:30 pm
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NEUTRAL IMPACT
Fastenal has shown strong long-term performance with a 12.17% average annual return over the past 20 years, significantly outperforming the market.
The information provided is historical and reflects past performance, which does not guarantee future results. However, the strong historical performance may positively influence investor perception and could be seen as a testament to the company's stability and potential for continued growth. The impact on the stock price in the short term is likely to be neutral as the article does not contain new, actionable information that would affect the company's valuation immediately.
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