By Mill Chart
Last update: Dec 18, 2023
Quality investors are looking for the best of the best. Companies which are growing steadily and consistently, but are also in excellent financial condition. We will have a look here to see if FASTENAL CO (NASDAQ:FAST) is suited for quality investing. Investors should of course do their own research, but we spotted FASTENAL CO showing up in our Caviar Cruise quality screen, so it may be worth spending some more time on it.
Every day ChartMill assigns a Fundamental Rating to every stock. The score ranges from 0 to 10 and is determined by evaluating multiple fundamental indicators and properties.
Overall FAST gets a fundamental rating of 7 out of 10. We evaluated FAST against 52 industry peers in the Trading Companies & Distributors industry. Both the health and profitability get an excellent rating, making FAST a very profitable company, without any liquidiy or solvency issues. FAST is valied quite expensively at the moment, while it does show a decent growth rate.
Our latest full fundamental report of FAST contains the most current fundamental analsysis.
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.
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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.