Fastenal Inc. (NASDAQ: FAST) is a leading supplier of construction and industrial supplies, including fasteners, bolts, screws, studs, washers, as well as safety supplies and tools for maintenance repair and operations (MRO) products. Muted industrial manufacturing and construction activity amid an uncertain macroeconomic backdrop resulted in a semi-kitchen sink in the fourth quarter of 2024.
Despite the soft results and tough competition from peers like W.W. Grainger Inc. (NYSE: GWW) and MSC Industrial Direct Co. (NYSE: MSM), the retail/wholesale sector stock has remained resilient, trading up nearly 4% in 2025. With Trump in the White House pounding the table on a new “Golden Age” where America’s manufacturing and construction industries will experience a renaissance, could now be the time to buy into shares?
