Fastenal (FAST) -7.6% after reporting that May net sales grew 13.1%, down from 22.6% last year....

|About: Fastenal Company (FAST)|By:, SA News Editor

Fastenal (FAST) -7.6% after reporting that May net sales grew 13.1%, down from 22.6% last year. Dividend Channel calls the industrial and construction supplies retailer oversold, especially as it ranks the stock highly. Peers W.W. Grainger (GWW -6.5%) and MSC Industrial (MSM -5.%) are also taking a hit.