Fastenal Co. (FAST)

32.11
NASDAQ : Distribution Services
Prev Close 31.34
Day Low/High 31.48 / 32.24
52 Wk Low/High 23.68 / 35.94
Avg Volume 2.65M
Exchange NASDAQ
Shares Outstanding 572.32M
Market Cap 17.94B
EPS 1.30
P/E Ratio 23.62
Div & Yield 0.86 (2.28%)

Latest News

Listen Carefully for These Clues of an Economic Slowdown

Listen Carefully for These Clues of an Economic Slowdown

Here are tools for gauging the state of the U.S. and global economies and how they could impact the markets.

Night Moves

"Workin' on our night moves Trying to lose the awkward teenage blues Workin' on out night moves In the summertime And oh the wonder Felt the lightning And we waited on the thunder Waited on the thunder." -- Bob Seger, Night Moves  Overnight the S&P ...

Dumbest Comments in the Business Media

"More recently (of two days vintage), a biz media commentator and a "talking head" on CNBC - after the Netflix beat and initial sharp share price rise (which has now been aborted) - both confidently said, this week, that the earnings report would be...

An Open Letter to Larry Kudlow

"We believe that free market capitalism is the best path to prosperity!" - The Kudlow Creed Dear Larry, You and I go way back - we have been friends for many years. I deliver this letter to you out of respect and in recognition of that friendship. I...

Doing Some 'Housekeeping'

I have covered my small Fastenal short at $51.60 just now. The shares are -$4 on disappointing earnings. I am also taking the stock off of my Best Ideas List (short) as I have other short "fish to fry."

Let's Focus on China and a Potential Cold War of a Trading Kind: Market Recon

Let's Focus on China and a Potential Cold War of a Trading Kind: Market Recon

We consider possible impacts of an extended trade war, which Alibaba's Jack Ma thinks could last 20 years.

What to Watch Wednesday

With today's trading over and done, let's turn our gaze to what awaits us Wednesday. On the earnings front, it's a pretty light dance card with only industrial and construction supply company Fastenal and payment technology company USA Technologies ...

My Book

Here is a list of the positions I own (long and short) that have been mentioned in my Diary: Longs: puts, large, small, , small, , large, , small, , , small, large, calls, TWTR large, small Shorts: SPY calls, SPY Large, , small, tagends, small, smal...

My Book

Here is a list of the positions I own (long and short) that have been mentioned in my Diary: Longs: puts, large, small,  , small, , , large, , small, small, small, small, large, large, small. Shorts: SPY calls, SPY large, large, small, tagends, smal...

VERY LIQUID

After having taken gains in a long list of shorts and longs over the last month, my book (in terms of the number of holdings and in my gross exposure) has rarely ever been smaller than it is today. I usually have more than 40 positions (long and sho...

Winners (and Losers) From the China Trade War: Market Recon

Winners (and Losers) From the China Trade War: Market Recon

Cloud and defense are still looking good, but watch out for retail names.

The Book of Boockvar

Peter Boockvar looks at this week's most important thing (besides soccer) - the upcoming earnings report from Fastenal : "Second-quarter earnings reports are upon us - fortunately, because we can finally hear directly from Corporate America as to: -...

From The Street of Dreams

BMO Capital has lowered its price target by $3 to $54 on Fastenal . Keeping stock at "market perform".

VMware and Chevron Are Among 11 Well-Known Stocks Ready to Change Direction

VMware and Chevron Are Among 11 Well-Known Stocks Ready to Change Direction

These names are showing bullish and bearish technical patterns over the past week.

Why You Can Not Think of Saying That Stocks Have Bottomed: Market Recon

Why You Can Not Think of Saying That Stocks Have Bottomed: Market Recon

The mindset has changed...times are different.

Fastenal Rated New Sell at Goldman

Tuesday Looked a Bit Like a Waterloo Moment for Bulls: Market Recon

Tuesday Looked a Bit Like a Waterloo Moment for Bulls: Market Recon

Over-extension? Yeah, that could be it, or maybe the inflows of cash are merely slowing down.

A Quick Note on FAST

Baird defends Fastenal this morning, holding to a $53 price target.

My Takeaways and Observations

"While options can give market participants the protection they are intended to provide, they can also increase the degree of a counter move, once it gets going, as those who wrote the protection scramble to unwind their own exposure." -- Kass Diary...

FAST Runs Downhill Despite Beats

Fastenal , one of my longstanding investment shorts, reported in-line top and bottom lines. The shares are lower by a beaner, probably caused by a 20-basis-point decline in gross profit margins.

Fast Money

In another possible sign of slowing manufacturing growth -- Fastenal's shares -2% today (and searching for the year's lows). Fastenal is trading at $41.50. It was placed on my Best Ideas List (short) at $51.39 in January, 2017.    

Why You Should Short Amazon, Starbucks, Disney and These Other Stocks

Why You Should Short Amazon, Starbucks, Disney and These Other Stocks

They might be popular with investors, but all six have underlying concerns.

6 Big Names to Short

  "Consensus: The process of abandoning all beliefs, principles, values and policies in search of something in which no one believes, but to which no one objects; the process of avoiding the very issues that have to be solved, merely because you can...

My Takeaways and Observations

"Yeah, well, that's just, like, your opinion, man." -- The Dude, The Big Lebowski Strikes and gutters today -- in a market characterized by winners and losers and weakening breadth. Ups and downs.    Amazon's shares may be signaling there is no fun,...

Grainger Grinds Downward; Will FAST Follow?

W.W. Grainger hits a 2017 low this morning. Will Fastenal (a competitor) be far behind? FAST was put on my Best Ideas List as a short on Jan. 23 at over $51.   It currently is trading below $42.

The Long (DDS, TWTR) and Short (FAST) of It

Repeating for emphasis, I am now long Dillard's and very long Twitter . And on the short side, my investment short Fastenal makes a 2017 low this morning, I have been regularly adding to this short over the last few months. Placed on my Best Ideas L...

Short Course on My Shorting Plans

Stocks I plan to short (as add-ons) on any further strength include Goldman Sachs , Morgan Stanley , Amazon , Starbucks , Fastenal and Disney .   Since there are probably a lot of recent shorts and given the tendency of machines and algos to extend ...

Fastenal Is Rolling Over

Fastenal , a core investment short, looks like it is rolling over. I recently added to this short.