Fastenal Co. (FAST)

36.90
0.07 0.19
NASDAQ : Distribution Services
Prev Close 36.83
Open 36.82
Day Low/High 36.57 / 37.01
52 Wk Low/High 24.61 / 37.91
Volume 2.93M
Avg Volume 4.70M
Exchange NASDAQ
Shares Outstanding 573.53M
Market Cap 21.26B
EPS 1.30
P/E Ratio 13.83
Div & Yield 0.88 (2.34%)

Latest News

An Optimistic Note

"Power is okay, and stupidity is usually harmless. Power and stupidity together are dangerous"  - Patrick Rothfuss, The Name of the Wind The S&P 500 futures continue to be up just a tad over 1% in pre-market action. Looks like we still start the day...

Chinese Sweet Talk, Banks Perk Up, and a Swing at Cintas: Market Recon

Chinese Sweet Talk, Banks Perk Up, and a Swing at Cintas: Market Recon

Plus, a look at the uncertain prospects for a Saudi Aramco initial public offering.

Rethinking Monetary Policy, Oil Rises and an Amazon Options Rush: Market Recon

Rethinking Monetary Policy, Oil Rises and an Amazon Options Rush: Market Recon

But trading calls and puts in Amazon requires you to know your risk tolerance big-time.

The Book of Boockvar

More on Powell from Peter Boockvar (note his comments on Fastenal , a long term investment short I frequented discussed in the past as an excellent proxy for U.S. manufacturing): The main worry I have with the Fed and what could be a cycle of rate c...

FOMC, Q1 Earnings, Brexit, IPOs, Disney Investor Day: Market Recon

FOMC, Q1 Earnings, Brexit, IPOs, Disney Investor Day: Market Recon

Nations will never abandon the debt super-cycle that they have created unless there is a public loss of faith in fiat.

Earnings, the Fed, Government Shutdown,Trading Microsoft: Market Recon

Earnings, the Fed, Government Shutdown,Trading Microsoft: Market Recon

This shutdown is starting to feel different from those that we have experienced in the past, is it not?

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.