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With a market cap of $47.9 billion, Fastenal Company (FAST) is a global wholesale distributor of industrial and construction supplies, including fasteners, tools, and a wide range of related hardware. It serves diverse markets such as manufacturing, maintenance, construction, transportation, and government.
Companies valued $10 billion or more are generally classified as “large-cap” stocks, and Fastenal fits this criterion perfectly. Its extensive product portfolio supports customers across the United States, Canada, Mexico, and various international regions.