By Mill Chart
Last update: Nov 27, 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.
Every day, ChartMill assigns a Fundamental Rating to each stock, providing a score ranging from 0 to 10. This rating is determined by evaluating various fundamental indicators and properties.
We assign a fundamental rating of 7 out of 10 to FAST. FAST was compared to 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.
Our latest full fundamental report of FAST contains the most current fundamental analsysis.
More ideas for quality investing can be found on ChartMill in our Caviar Cruise screen.
Important Note: The content of this article is not intended as trading advice. It is essential to perform your own analysis and exercise caution when making trading decisions. The article presents observations created by automated analysis but does not guarantee any trading or investment outcomes. Always trade responsibly and make independent judgments.
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+0.14 (+0.34%)
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FASTENAL CO (NASDAQ:FAST) meets quality investing criteria with strong ROIC, low debt, and consistent growth. A solid pick for long-term investors.
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FASTENAL CO (NASDAQ:FAST) shows strong technicals and a high-quality setup, making it a breakout candidate. The stock trades above key moving averages with clear resistance and support levels.