Josh Brown Highlights His New Best Industrial Stock Pick in 2025

Fastenal Co (NASDAQ:FAST) is one of the Top 10 Stocks Wall Street is Buzzing About These Days.

Josh Brown, CEO of Ritholtz Wealth Management, recently highlighted Fastenal Co (NASDAQ:FAST) as one of his best stock picks in the market. Here is how Brown explained his thesis about the stock:

“When you look at a long-term chart of this, it’s just up and to the right. The buyers come in pretty much on every dip, and the trend line has been pristine dating back to early 2023. Basically, what they’ve done is they’ve Amazon-ed the construction business. They have something called Fastenal Managed Inventory. It’s a digital tech platform so that you don’t even have to reorder the things that you’re running out of as an industrial company building things. Fastenal already knows, and they will deliver what you need right to the site. And this has been incredible for the business.44% of total sales last quarter, which they announced on Monday, came in as a result of this FMI technology—this platform that I’m talking about. The important thing to understand here is it’s an industrial company. It’s not a tech company, doesn’t grow revenue at 40% a year or anything like that, but it’s incredibly well-managed.”

While we acknowledge the potential of FAST as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This article is originally published at Insider Monkey.