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Barchart
Barchart
Tony Daltorio

Fastenal Stock: When 'Boring' is Profitable

Fastenal FAST United States

Sometimes investors need to take a page from Warren Buffett’s investing handbook: buying boring businesses can be very profitable.

Take Fastenal (FAST) - a distributor of industrial consumables. I suggested this boring industrial stock was a buy in the $60s in this space back in December 2023. FAST was trading below $65 at the time. 

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