It's an unfortunate reality of financial writing today that you can't
express concern about a stock's valuation and/or investor expectations
without reaping a whirlwind of angry readers claiming you hate the
company (while in secret many are shorting the stock). Be that as it
may, only a fool wouldn't appreciate the business that Fastenal (Nasdaq:FAST)
has built in the industrial distribution market, but that doesn't mean
that the shares are cheap – particularly with growth becoming more of a
concern than at any time before in this latest post-recession recovery.
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http://www.investopedia.com/stock-analysis/041013/slowing-sales-fastenal-not-denting-investor-enthusiasm-yet-fast-msm-gww-amzn.aspx
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