Fastenal (FAST) Stock: Great Business, But Expensive Stock

Core Insights - Fastenal Company (NASDAQ: FAST) has a strong history of raising dividends while providing a market-beating yield, making it an attractive investment option for dividend growth investors [1] - The company has successfully increased dividends through multiple recessionary periods, indicating a robust business model capable of withstanding economic downturns [1] Investment Focus - The analysis emphasizes investing in companies with a long history of dividend growth, which are seen as resilient during economic challenges [1] - The article lists various sectors and companies that the analyst is long on, including Energy (CVX), Finance (JPM), Industrials (LMT), and Technology (MSFT), among others [1]