© Reuters. Here’s How Much You Would Have Made Owning Fastenal Stock In The Last 5 Years
Benzinga – by Benzinga Insights, Benzinga Staff Writer.
Fastenal (NASDAQ:FAST) has outperformed the market over the past 5 years by 5.42% on an annualized basis producing an average annual return of 17.78%. Currently, Fastenal has a market capitalization of $40.00 billion.
Buying $1000 In FAST: If an investor had bought $1000 of FAST stock 5 years ago, it would be worth $2,274.18 today based on a price of $69.93 for FAST at the time of writing.
Fastenal’s Performance Over Last 5 Years
Finally — what’s the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
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