This post was originally published on this site
Although FAST’s growing digital footprint, which represented 41.7% of its sales in the second quarter, and improved demand from onsite customers bode well for the stock, its valuation at its current share price level could be concerning.
In addition, while President Biden’s bipartisan infrastructure deal could boost FAST’s construction parts and equipment-related sales, growing inflationary pressure and a reduction in its national account sales and government customers could hamper its growth.
