Is This "Boring" Stock-Split Stock Worth Buying in 2025?
Over roughly the last 30 years, Fastenal's (NASDAQ: FAST) share price has risen by a massive 7,300%. For comparison, the S 500 index (SNPINDEX: ^GSPC) rose "only" 1,300% or so over the same span. What's interesting here is that Fastenal's business is, at its core, not very exciting. And yet this "boring" company has managed to be a huge growth machine. But is it worth buying after its latest stock split?
Wall Street loves things that involve technology, healthcare, and anything modern and complex. That's fine, but sometimes "boring" businesses can be even more interesting and Fastenal is a great example. This industrial company makes fasteners and other hardware items that get used by manufacturers to hold their products together. It's a nuts and bolts company, which is both a pun and an apt description of the business.
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Source Fool.com
Fastenal Co. Stock
Currently there is a rather positive sentiment for Fastenal Co. with 5 Buy predictions and 2 Sell predictions.
With a target price of 59 € there is a hugely positive potential of 69.47% for Fastenal Co. compared to the current price of 34.82 €.
