Fastenal: Why I'm Keeping A Close Eye On This New Dividend Aristocrat

PM Images Introduction I have good and bad news. The bad news is that a lot of cyclical companies are currently showing stock price weakness, as it seems that the market is recognizing that cyclical growth is unlikely to rebound soon. While we're far from a steep sell-off, industrial stocks have weakened and are now trading roughly 4% below their 52-week highs. Cyclical transportation stocks (XTN), for example, have sold off 15%. VAL Industrial Select Sector SPDR® ETF (XLI) Price % Off High -3.78% SPDR® S&P ...