Fastenal: Resilience Is Overshadowed By Steep Valuation

Fastenal Company (NASDAQ: FAST ), the industrial and construction supplies distributor, has reported a slowdown in growth as the US manufacturing purchasing has been pressured by a weaker economy. The soonto-be-reported Q3 results look to slightly revitalize year-on-year growth although I am an avid investor with a major focus on small cap companies with experience in investing in US, Canadian, and European markets. My investment philosophy to generating great returns on the stock market revolves around ide ...