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Opinions Ross Healy
Fastenal CompanyFASTDON'T BUYMar 14, 2014
Ross HealyUnknown
$48.52
Stock price when the opinion was issued
$45.91
As of Jun 18, 2026. Market Open.
misc industrial products
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PAST TOP PICK
(A Top Pick May 03/21, Down 2%) Very basic company that is a staple in the economy.
Share prices have fallen in market selloff.
Has continued to hold shares.
Believes is a good long term investment.
Very boring business with excellent growth prospects.
Brendan CaldwellOwned
misc industrial products
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Premium contentPAST TOP PICK
(A Top Pick Oct 15/20, Up 23.2%)Stockchase Research Editor: Michael O’Reilly Our PAST TOP PICK with FAST has triggered its stop at $55. To remain disciplined, we recommend covering the position at this time. This results in a net investment gain of 20%, when combined with the previous recommendation to cover half the position.
misc industrial products
Premium contentPAST TOP PICK
Premium contentPAST TOP PICK
(A Top Pick Oct 15/20, Up 18.7%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with FAST has achieved its $53 target. To remain disciplined, we recommend covering 50% of the position and trailing up the stop to $46.50 -- just above our recommended entry level. This would all but guarantee a minimum investment return of 11%.
misc industrial products
TOP PICK
They make fasteners. They are in the business of making companies more efficient. They make vending machines that manage the inventory department. In our new environment, boring may be exciting in an unexpected way. (Analysts’ price target is $49.67)
Brendan CaldwellOwned
misc industrial products
Premium contentTOP PICK
Stockchase Research Editor: Michael O'Reilly Earnings continue even during the pandemic and now this maker of PPE and sanitizing products is likely getting ready to increase its dividend once it goes ex-div on October 29. Recent earnings came in at expectations, so the 65% payout ratio on the dividend will be safe. The stock is trading off its recent highs following earnings. We would trade this with a stop-loss at $42. We expect when a resurgence in share price emerges that it will look to challenge new highs near $53 -- almost 20% upside. Yield 2.22% (Analysts’ price target is $46.25)
misc industrial products
COMMENT
If you want a case study for the anatomy of exceptional dividend growth, this would be the company. Back in 2005 they had a low payout ratio and were growing top and bottom lines, and then they increased the payout ratio. Their dividend in 2005 went to $0.16 a share, and then went to $1 per share in 2014, a 23% dividend growth per share in 10 years. The dividend is secure although it is growing at a slower rate.
misc industrial products
WATCH
Likes some of the housing related stocks and they have been performing pretty well. This one had been a leader through the course of the early part of this rally. Good company and they execute very well. Have had very good growth. If the stock could stabilize here and could trade back through $45, it’s one he would take a look at it.
misc industrial products
TOP PICK
Manufacturers nuts, bolts and fasteners. Over the last 5 years earnings have increased on an average of 27% per year. Will benefit from infrastructure coming out of the recession.
Walter GerasimowiczOwned
misc industrial products
(Market Call Minute.) Great, great company in the past. Has a very high valuation. Stock is expensive.