Benzinga - by Benzinga Insights, Benzinga Staff Writer.
Fastenal (NASDAQ:FAST) has outperformed the market over the past 5 years by 9.2% on an annualized basis producing an average annual return of 18.84%. Currently, Fastenal has a market capitalization of $34.13 billion.
Buying $1000 In FAST: If an investor had bought $1000 of FAST stock 5 years ago, it would be worth $2,317.04 today based on a price of $59.73 for FAST at the time of writing.
Fastenal's Performance Over Last 5 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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