Fastenal Beats Apple [Forbes]
Apple Inc. (AAPL)
Last apple inc. earnings: 4/30 04:30 pm
Check Earnings Report
US:NASDAQ Investor Relations:
investor.apple.com
Company Research
Source: Forbes
(Photo by Larry Placido/Icon Sportswire via Getty Images) Most Apple fans on Wall Street have probably never heard of Fastenal. But its shares have been beating Apple’s big time. Since it went public, Fastenal has gained 13,428.60% compared to 1,365.10% of Apple’s. Why bother comparing Apple, a technology company, with a wholesale distributor of industrial and construction supplies? As a lesson for investors who chase after hot stocks and end up missing sleeper stocks. Fastenal achieved these numbers through multiple advantages that keep competition out of its market and allow it to sustain above industry average rate of profits. Fastenal’s operating margin is twice that of Home Depot, for example. Last week, the company reported a 43% jump in earnings and a 13% rise in sales for its June quarter. Company Operating Margin Margin Fastenal 19.95% 13.66% Home Depot 14.42 8.85 Lowe’s 9.42 5.54
Show less
Read more
Impact Snapshot
Event Time:
AAPL
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
AAPL alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
AAPL alerts
High impacting Apple Inc. news events
Weekly update
A roundup of the hottest topics
AAPL
News
- Spotify says Apple has rejected its app update with price information for EU users [Yahoo! Finance]Yahoo! Finance
- 26-year-old's side hustle brings in $38,500 a month, takes 20 minutes a day: This can be ‘passive all year long' [CNBC]CNBC
- Saving Time And Health: Leveraging Technology To Improve The Healthcare Industry [Forbes]Forbes
- Ex-NSA hacker and ex-Apple researcher launch startup to protect Apple devices [TechCrunch]TechCrunch
- DR Congo presses Apple over minerals supply chain, lawyers say [Reuters]Reuters
AAPL
Earnings
- 2/1/24 - Beat
AAPL
Sec Filings
- 4/17/24 - Form 4
- 4/15/24 - Form 4
- 4/15/24 - Form 4
- AAPL's page on the SEC website