|Day Low/High||84.84 / 86.13|
|52 Wk Low/High||65.66 / 96.23|
It has cheap shares and decent dividends, but here's the kicker -- the company might be sold.
The keys include tracking historical vs. current valuations and selling when the P/En ratios are hot.
Fastenal has mounted its second 30%-plus surge in less than a year.
If earnings come in decent, we should be in for a strong end to the summer.
This year's market conditions have created a list chock full of choices.
This is a good entry point, and the dividend is the highest since the dark days of 2009.
Let's take a peek on the overnight and early-morning price action in various asset classes. A quiet overnight session: S&P futures -2; Nikkei -; European markets -; euro +; crude +$1.10; gold +$6; and the 10-year U.S. note yields 2.64%. I remain sli...