Fastenal (NASDAQ:FAST) has outperformed the market over the past 20 years by 5.4% on an annualized basis producing an average annual return of 12.78%. Currently, Fastenal has a market capitalization of $33.33 billion.
Buying $1000 In FAST: If an investor had bought $1000 of FAST stock 20 years ago, it would be worth $11,066.05 today based on a price of $57.91 for FAST at the time of writing.
Fastenal's Performance Over Last 20 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.
