FAST News and Press, Fastenal Company From 01/09/23

Stock Traders Daily has produced this trading report using a proprietary method.  This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This report optimizes trading in ...

Summary A watchlist of the highest quality dividend growth companies is filtered by proximity to 52-week lows. 3M Company, Microsoft, and Qualcomm all appear attractively valued based on Historical and Future fair valuations coupled with analyst estimates. Qualcomm has an exciting s...

Summary MSC's fiscal first quarter results were more or less on target, with a small revenue beat and a small EPS beat, but a miss at the operating margin line. Contraction in the manufacturing PMI and weaker short-cycle industrial demand are risks to the story, but large metalworking m...

Fastenal Company (Nasdaq:FAST) announced the date and time for its conference call to review 2022 annual and fourth quarter results, as well as current operations. The conference call will be broadcast live over the Internet on Thursday, January 19, 2023 at 9:00 a.m. central time. To access t...

Summary There were several double-digit boosts in December, with Mastercard and Eli Lilly leading the way with 16% and 15% increases, respectively. Abbott Labs began its second half-century of dividend growth with an 8.5% increase. January will bring double-digit boosts from several...

Summary Fastenal continues to do very fine, outgrowing the wider MRO industry. While times might get tougher, the 2022 performance has been strong while shares have been lagging. Earnings multiples have contracted to about 23 times here, a well deserved premium to the market. I ...

Summary District and regional feedback from Fastenal Company leaders points to a challenging 2023. After it topped off at close to $63.50 per share on Dec. 2021, Fastenal Company has  steadily dropped from there. Based upon management expectations and the recent trading pattern...

Summary Fastenal Company's management team has established a strong track record of growth and profitability. Multiple growth drivers should keep Fastenal Company's track record for growth and profitability going. Still, Fastenal Company shares are too expensive to invest in based o...

Summary What if we could buy low and sell high on a consistent basis? Sounds too good to be true? We discuss a systematic and rather conservative strategy to buy low and sell high using DGI stocks with minimal trading. In our back-testing of 27 years, the strategy provided a 15% ann...

Stock Traders Daily has produced this trading report using a proprietary method.  This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This report optimizes trading in ...