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Fastenal (FAST) takes the prize for best-performing stock since the crash of 1987, up 38,565%,...

Fastenal (FAST) takes the prize for best-performing stock since the crash of 1987, up 38,565%, topped with a 60% gain in 2011. An 11K-plus sales force army that knows its stuff has helped the company stay on top of the fastener-supply business. "The economic moat in this business grows as Fastenal grows," says T. Rowe Price's Jonathan Chou.
Comments (2)
  • Interesting comment considering TROW was a net seller in the 4Q11 period.
    24 Feb 2012, 01:31 PM Reply Like
  • What is interesting to me is the continuing upswing
    of FAST even in the face of so-called expert nay-sayers.
    The company has no debt, they have an A-1 management
    team and all they do is keep plodding ahead.
    I'm sorry if any of you missed this great company's
    growth.
    It may not be too late to get in.
    Then again, maybe the 'experts' are correct and this
    stock has seen its limits.
    We will see.
    Full disclosure, I own shares in Fastenal.
    snow
    27 Mar 2012, 02:49 PM Reply Like
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