Fastenal Company (NYSE:FAST) is a leading supplier of threaded fasteners and other industrial tools and products primarily to commercial users. One of the challenges for the company over the past year has been dealing with tariffs in place on steel-based products, including fasteners, which has added to uncertainty for the company. The stock fell by nearly 20% off its highs this past summer when at the time tensions in the U.S.-China trade dispute had escalated. Separately, the business is highly cyclical and emerging growth concerns have also weighed on sentiment in recent