Monday, October 15, 2012

Investopedia: Fastenal's Valuation Leaves No Room For A Slowdown

Make no mistake - Fastenal (Nasdaq:FAST) is a great company, and a good play on the consolidation of the industrial supply market. That said, Fastenal's stock carries a valuation more commonly seen in hot technology stocks than in the industrial sector. Consequently, while I do believe Fastenal has a runway to becoming one of the largest players in a market worth over $150 billion, the stock already seems to be assuming a great future.

Please click this link to continue:
http://www.investopedia.com/stock-analysis/2012/Fastenals-Valuation-Leaves-No-Room-For-A-Slowdown-FAST-GWW-MSM-AMZN1015.aspx

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