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Winona, Minnesota-based Fastenal Company (FAST) engages in the wholesale distribution of industrial and construction supplies in the United States and internationally. Valued at a market capitalization of $52.8 billion, the company’s offerings include fasteners and related industrial and construction supplies under the Fastenal brand name.
Companies with a market cap of $10 billion or more are typically referred to as “big-cap stocks.” FAST fits right into that category, with its market cap exceeding this threshold, reflecting its substantial size and influence in the industrial distribution industry.
