Fastenal Company: Premium Valuation Means No Room For Error

I gave a hold rating to Fastenal Company (NASDAQ: FAST ) in January, with my key thesis being that valuation was too high, and I don’t think the earnings outlook can support that premium valuation. While 2Q25I'm a passionate investor with a strong foundation in fundamental analysis and a keen eye for identifying undervalued companies with long-term growth potential. My investment approach is a blend of value investing principles and a focus on long-term growth. I believe in buying quality companies at a dis ...