Fastenal Company (FAST)

Fastenal has really been a laggard given the very good analysts calls, good earnings reports, good fundamentals and even how well the rest of the industrials are doing. If DE, ITW, CAT, F, etc. keep coming out with great earnings reports, that inherently means that their customer base (aka the manufacturers) are doing well, therefore we should. This stock has really made me scratch my head, I have made money off of it, but am down currently on recent re-entry, started to really question logic of buying back in (and in a strong way). Still a great company with a nice dividend. Hopefully the price will accelerate to match other industrials and not be dogged by the likes of Grainger and MSC catalog shops who are outdated dinosaurs that are grossly overpriced to act as a one stop shop.

$fast ... so you are saying from a post comment below that it's OK to "speculate" and "spread information about the pipeline" to which I agree. The problem you seem to NOT see is when these people like you defend the folks who say things like, "Merger-Alert" or "Price at $2,500.00 by Friday" or "$3-$5 tomorrow" or "bottom is in". These people are bottom feeders trying to manipulate the price for their Personal Gain. THAT is what I bash. people like Dr Robert and AlphApex ... Good posters. Factiual Info and NO BS. Yiu however are or seem to be defending the bottom feeders who lie and make stuff up. THAT'S NOT SPECULATING or SPREADING INFO (Pipeline). So are you also a bottom feeder or do you agree with me??? I am NOT a short. I bought around 2/26 and have 10500 @$2.67 avg. Please be smart and do not assume you think you know. One other thing. How can you defend people who have post history ALL OVER THE PLACE that shows the predictions they made NEVER happened? They are NEVER Right.

FAKE NEWS #FAST MONEY #CNBC
JIM CRAMER, IDIOT TROLLS, MM’s, that clown blonde on the closing bell, Sarah Eihnhon.
#CGC #ACBFF #TLRY

Can’t stand the naysayers!

To the moon!

BruceK, if the shorts are to be believed this is the most irrational play of 2017. The article claims that its P/E is on par with the technology stocks. I guess he or she hasn't cared to look at some of the other big industrials like ITW, DE, CMI, JOY, and PCAR. If anything I would think that Joy and Paccar are more likely short candidates than Fastenal. From a strictly technical side the hardware business is showing good strength. Not going to say that FAST hasn't proven staying power, but everything seems to point to good earnings this time around, mainly with autos doing exceptionally well this quarter.