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Shares of Fastenal Co Rank the Highest in Terms of Price to Forward Sales in the Trading Companies & Distributors Industry (FAST, AL, AYR, URI, HDS)

By Amy Schwartz

Below are the three companies in the Trading Companies & Distributors industry with the highest price to forward sales ratios. The ratio shows how much Wall Street values every dollar of the company's future sales and is useful in comparing comparable companies. Generally the lower the ratio, the more attractive the investment.

Fastenal Co ranks highest with a a price to forward sales ratio of 3.76. Air Lease C is next with a a price to forward sales ratio of 1.93. Aircastle Ltd ranks third highest with a a price to forward sales ratio of 1.86.

United Rentals follows with a a price to forward sales ratio of 1.45, and Hd Supply Holdin rounds out the top five with a a price to forward sales ratio of 1.37.

SmarTrend recommended that subscribers consider buying shares of Fastenal Co on January 9th, 2019 as our technology indicated a new Uptrend was in progress when shares hit $53.97. Since that recommendation, shares of Fastenal Co have risen 30.7%. We continue to monitor Fastenal Co for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: highest price to forward sales fastenal co air lease c aircastle ltd united rentals hd supply holdin

Ticker(s): FAST AL AYR URI HDS