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

Benzinga ·  Dec 1, 2023 14:00

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 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.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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