$1000 Invested In Fastenal 20 Years Ago Would Be Worth This Much Today

Fastenal Company -0.23% Pre

Fastenal Company





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Fastenal (NASDAQ:FAST) has outperformed the market over the past 20 years by 5.31% on an annualized basis producing an average annual return of 12.37%. Currently, Fastenal has a market capitalization of $33.36 billion.

Buying $1000 In FAST: If an investor had bought $1000 of FAST stock 20 years ago, it would be worth $10,280.43 today based on a price of $58.38 for FAST at the time of writing.

Fastenal's Performance Over Last 20 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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