Successful investing often requires a fair bit of diligence and ongoing data collection, but there is always a risk of drawing lines between data points that shouldn't necessarily be connected. Looking at the reported monthly sales figures from Grainger (NYSE:GWW) and Fastenal (NASDAQ:FAST), it sounds like MSC Industrial (NYSE:MSM) ought to be seeing better daily sales growth than the flat non-growth that the midpoint of management guidance after the last quarter would suggest.
While it's dangerous to just assume that Grainger, Fastenal, and MSC all have the same customer exposures (they most definitely do not), I nevertheless believe that MSC Industrial will face some rather pointed questions about market share and the health of...
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