The "Chart of the Day" is Fastenal Company (FAST), which showed up on Wednesday's Barchart "All Time High" list. Fastenal on Wednesday posted a new all-time high of $54.24 and closed up 2.02%. TrendSpotter has been Long since Oct 21 at $35.51. Fastenal was last featured on "Chart of the Day" as of the October 28, 2011 close at $38.62. In recent news on the stock, BNY Mellon on Jan 30 reported a 5.14% passive stake in Fastenal. Fastenal on Jan 18 reported in-line Q4 EPS of 30 cents and said it expects margins to "snap back" in Q1. The company said it sees top-line sales growth in the "high teens" for 2012, "if not better." Fastenal Company, with a market cap of $15 billion, sells industrial and construction supplies.
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