Fastenal Company (FAST): A Bull Case Theory

We came across a bullish thesis on Fastenal Company on FluentInQuality's Substack. In this article, we will summarize the bull’s thesis on FAST. Fastenal Company's share was trading at $ 41.49 as of 19^th June. FAST’s trailing and forward P/E ratios were 41.49 and 38.02, respectively, according to Yahoo Finance.

[caption id="attachment_1238484" align="aligncenter" width="768"] A close up of a specialized steel product that is being processed in a manufacturing plant.[/caption]

Fastenal is not your typical distributor—it’s an embedded, mission-critical component of industrial...