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Here's How Much $1000 Invested In Fastenal 5 Years Ago Would Be Worth Today

Benzinga ·  12/02/2023 03:00

Fastenal (NASDAQ:FAST) has outperformed the market over the past 5 years by 5.03% on an annualized basis producing an average annual return of 16.19%. Currently, Fastenal has a market capitalization of $34.26 billion. Buying $1000 In FAST: If an investor had bought $1000 of FAST stock 5 years ago, it would be worth $2,030.30 today based on a price of $59.94 for FAST at the time of writing.Fastenal's Performance Over Last 5 YearsFinally -- 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

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