$FAST Fastenal Stock Update

Fastenal has continued its slow, upward climb since we picked them up in January at $44.75. Our position has increased nearly 20% and we’ve collected a small dividend as well. UBS reiterated their Neutral rating on the shares but increased their target price from $49 to $53. Many stocks like Fastenal such as, Grainer, Home Depot, and Lowes have seen growth and share price increases in recent weeks. Earnings are coming up April 12th.

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