Josh Brown Highlights His New Best Industrial Stock Pick in 2025

Fastenal Co (NASDAQ:FAST) is one of the Top 10 Stocks Wall Street is Buzzing About These Days.

Josh Brown, CEO of Ritholtz Wealth Management, recently highlighted Fastenal Co (NASDAQ:FAST) as one of his best stock picks in the market. Here is how Brown explained his thesis about the stock:

“When you look at a long-term chart of this, it’s just up and to the right. The buyers come in pretty much on every dip, and the trend line has been pristine dating back to early 2023. Basically, what they’ve done is they’ve Amazon-ed the construction business. They have something called Fastenal Managed Inventory. It’s a digital tech platform so that you don’t even have to reorder the things that you’re running out of as an industrial company building things. Fastenal already knows, and they will deliver what you need right to the site. And this has been incredible for the business.44% of total sales last quarter, which they announced on Monday, came in as a result of this FMI technology—this platform that I’m talking about. The important thing to understand here is it’s an industrial company. It’s not a tech company, doesn’t grow revenue at 40% a year or anything like that, but it’s incredibly well-managed.”

Photo by Ruben Sukatendel on Unsplash

While we acknowledge the risk and potential of FAST as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than FAST and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.