
PROFITING FROM INFRASTRUCTURE — CONSTRUCTION SUPPLY COMPANY FASTENAL CO (FAST) BREAKS OUT
By Nigam Arora & Dr. Natasha Arora
FAST has had a two for one split.
FAST is long from $24, the stock is trading at $45.88 as of this writing. This represents a gain of 91%.
FAST is a distributor of fasteners and other construction supplies.
Earnings
FAST reported earnings better than the consensus and whisper numbers.
Technicals
FAST is breaking out.
Zones
For those following the Good Way, the Buy Now rating is *** (To see the locked content, please take a 30 day free trial).
For those following the Best Way, the new buy zone is $*** – $***.… Please click here or the title below to read more.