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Diamonds As The Basis Of Making The Modern Economy Tick And Fastenal.

|Includes:Fastenal Company (FAST)

Fastenal has consistently outperformed the market and enabled the industrial economy to thrive with superior tooling and supplies management. This company has returned 27 CAGR for investors since it was founded and with a P/E ratio of 37 it trades like a tech stock. The companies business model is simple superior tools and supplies for the enablement of an economy dependent on industrial diamonds. Diamonds are the backbone of the economy and with the diamond market tightly controlled by de Beers and Alrosa the need for an investment that enables the average investor to capture returns from a play on industrial diamonds is clearly there as Fastenal indicates with its consistent market returns. I recommend Fastenal to capture returns from diamonds and the management of the industrialized economy.

Disclosure: I am long FAST.

Stocks: FAST