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The continued spread of COVID-19, along with an inflationary environment, are causes for concern for investors seeking to benefit from the economic recovery. However, the Fed’s continued near-zero interest rate policy, rapid vaccination programs, and supportive government policies have boosted the industrial sector’s growth. Furthermore, President Biden’s bipartisan infrastructure bill proposal, which includes $550 billion in new spending for building roads, rails, and bridges, among others, is expected to help the sector grow significantly in the coming months. So, both GWW and FAST should benefit.
GWW has gained 5.2% in price over the past three months, while FAST has returned 3.7%. Also, GWW’s 26.4% gains over the past nine months are higher than FAST’s 22.3% returns. And GWW is the clear winner with 17.5% gains versus FAST’s 9.9% returns in terms of their past months’ performance.
