This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Stomp the S&P With 5 Hated Stocks Ready to Pop

Fastenal

Content on this page requires a newer version of Adobe Flash Player.

Get Adobe Flash player

The past six months have brought with them some stellar performance from industrial supplier Fastenal (FAST - Get Report). Shares of the $15 billion firm have climbed more that 15% over that time period, vs. gains of just 9% from the S&P 500. But that hasn't changed short sellers' opinions of the stock. As I write, Fastenal sports a short interest ratio of 13.1.

Fastenal's biggest benefits are its huge geographic footprint and a catalog that boasts more than 410,000 types of fasteners and more than 585,000 maintenance and repair products. In the hugely fragmented industrial supply business those factors keep Fastenal's abilities head and shoulders above smaller firms, and they give FAST the ability to wrangle lucrative national accounts for larger customers. Even with those attributes, industrial supply is still very fragmented, and Fastenal has growth opportunities if it can tuck-in smaller successful rivals into its business through acquisitions.

Financially, Fastenal is yet another firm that sports a spotless balance sheet position. While the company only carries around $80 million in cash on its balance sheet, it's also debt-free. That means that this firm doesn't have as many financial obligations to weigh down its returns each quarter. As the industrial sector continues to heat up, so too should Fastenal's profitability. Short sellers beware.
5 of 6

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG
ASML $91.98 0.00%
FAST $38.69 0.00%
INFY $17.51 0.00%
JNJ $95.17 0.00%
MTB $119.02 0.00%

Markets

Chart of I:DJI
DOW 16,643.01 -11.76 -0.07%
S&P 500 1,988.87 +1.21 0.06%
NASDAQ 4,828.3250 +15.6170 0.32%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs