By Mill Chart
Last update: Nov 6, 2023
In this article we will dive into FASTENAL CO (NASDAQ:FAST) as a possible candidate for quality investing. Investors should always do their own research, but we noticed FASTENAL CO showing up in our Caviar Cruise quality screen, which makes it worth to investigate a bit more.
ChartMill utilizes a proprietary algorithm to assign a Fundamental Rating to every stock. This rating, ranging from 0 to 10, is computed daily by analyzing a variety of fundamental indicators and properties.
FAST gets a fundamental rating of 7 out of 10. The analysis compared the fundamentals against 52 industry peers in the Trading Companies & Distributors industry. FAST gets an excellent profitability rating and is at the same time showing great financial health properties. FAST is quite expensive at the moment. It does show a decent growth rate.
For an up to date full fundamental analysis you can check the fundamental report of FAST
Our Caviar Cruise screen will find you more ideas suited for quality investing.
This article should in no way be interpreted as advice in any way. The article is based on the observed metrics at the time of writing, but you should always make your own analysis and trade or invest at your own responsibility.
NASDAQ:FAST (2/21/2024, 3:42:57 PM)After market: 70.33 0 (0%)
Is NASDAQ:FAST a Suitable Choice for Quality Investing?
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