Dividend Aristocrat Fastenal Goes on Sale: Buy It While It's Down

Key PointsFastenal had a challenging quarter, but its diversified model produced growth and solid cash flow. Dividends are safe and growing, a special dividend is possible, and analysts support the market. The stock price may fall more now, but a bottom will be reached soon, and longer-term gains are coming. 5 stocks we like better than FastenalDividend Aristocrat Fastenal NASDAQ: FAST fell about 5% after its Q1 release and may fall further. Not because the business is flagging but because the valuation has ...